SmarterDividends

GOOGL vs UMGNF: Which Is the Better Dividend Stock?

As of Nov 5, 2026, GOOGL (Alphabet Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. UMGNF offers the higher yield at 3.01%, GOOGL has the higher dividend-safety score, and GOOGL looks like the better value (its fair-value estimate is 27% above its share price).

Key facts: GOOGL vs UMGNF

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Universal Music Group N.V. (UMGNF) has the higher forward dividend yield at 3.01%, versus 0.30% for Alphabet Inc. (GOOGL).
  • As of Nov 5, 2026, SmarterDividends grades GOOGL's dividend safety B (76/100) and UMGNF's C (62/100).
  • By SmarterDividends' count as of Nov 5, 2026, GOOGL has raised its dividend for 1 consecutive years and UMGNF for 3.
  • As of Nov 5, 2026, GOOGL pays out 4% of its earnings as dividends and UMGNF pays out 289%.
  • As of Nov 5, 2026, GOOGL's fair-value estimate is 27% above its share price and UMGNF's fair-value estimate is 17% below its share price, so GOOGL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "GOOGL vs UMGNF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/googl-vs-umgnf

MetricGOOGLUMGNF
Forward yield0.30%3.01%
Annual dividend$0.88$0.59
Payout ratio4%289%
Years of growth1 yr3 yr
5-yr dividend growth——
5-yr total return97%-33%
Dividend safety score76 (B)62 (C)
Fair value estimate$362.64$16.23
Upside to fair value+27%-17%
Frequencyquarterlysemiannual
Market cap$3.5T$35.3B
P/E ratio14.993.6

Higher yield

UMGNF

3.01%

Safer dividend

GOOGL

Grade B

Faster growth

GOOGL

—

Better value

GOOGL

+27% upside

GOOGL vs UMGNF — FAQ

Is GOOGL or UMGNF a better dividend stock?

On the data, GOOGL wins more head-to-head categories (5 vs 2). UMGNF offers the higher yield (3.01%), while GOOGL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, GOOGL or UMGNF?

UMGNF has the higher forward dividend yield at 3.01%, versus 0.30% for GOOGL.

Is GOOGL or UMGNF safer?

GOOGL has the higher dividend-safety score (76/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.

Is GOOGL or UMGNF better value right now?

As of Nov 5, 2026, GOOGL looks like the better value: its fair-value estimate is 27% above its share price (undervalued). For UMGNF, its fair-value estimate is 17% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.