GOOGL vs WMG: 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. WMG offers the higher yield at 2.46%, 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 WMG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Warner Music Group Corp. (WMG) has the higher forward dividend yield at 2.46%, versus 0.30% for Alphabet Inc. (GOOGL).
- As of Nov 5, 2026, SmarterDividends grades GOOGL's dividend safety B (76/100) and WMG's B (71/100).
- By SmarterDividends' count as of Nov 5, 2026, GOOGL has raised its dividend for 1 consecutive years and WMG for 5.
- As of Nov 5, 2026, GOOGL pays out 4% of its earnings as dividends and WMG pays out 61%.
- As of Nov 5, 2026, GOOGL's fair-value estimate is 27% above its share price and WMG's fair-value estimate is 4% below its share price, so GOOGL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GOOGL vs WMG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/googl-vs-wmg
| Metric | GOOGL | WMG |
|---|---|---|
| Forward yield | 0.30% | 2.46% |
| Annual dividend | $0.88 | $0.80 |
| Payout ratio | 4% | 61% |
| Years of growth | 1 yr | 5 yr |
| 5-yr dividend growth | — | 9.0% |
| 5-yr total return | 97% | -29% |
| Dividend safety score | 76 (B) | 71 (B) |
| Fair value estimate | $362.64 | $31.06 |
| Upside to fair value | +27% | -4% |
| Frequency | quarterly | quarterly |
| Market cap | $3.5T | $16.9B |
| P/E ratio | 14.9 | 25.8 |
Higher yield
WMG
2.46%
Safer dividend
GOOGL
Grade B
Faster growth
WMG
9.0%
Better value
GOOGL
+27% upside
GOOGL vs WMG — FAQ
Is GOOGL or WMG a better dividend stock?
On the data, GOOGL wins more head-to-head categories (5 vs 2). WMG offers the higher yield (2.46%), 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 WMG?
WMG has the higher forward dividend yield at 2.46%, versus 0.30% for GOOGL.
Is GOOGL or WMG safer?
GOOGL has the higher dividend-safety score (76/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.
Is GOOGL or WMG 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 WMG, its fair-value estimate is 4% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.