HDV vs SPYD: Which Is the Better Dividend Stock?
As of September 2026, SPYD (State Street SPDR Portfolio S&P 500 High Dividend ETF) screens as the stronger dividend stock, winning 4 of 4 head-to-head metrics. SPYD offers the higher yield at 4.45%, HDV has the higher dividend-safety score.
| Metric | HDV | SPYD |
|---|---|---|
| Forward yield | 3.00% | 4.45% |
| Annual dividend | $0.85 | $2.06 |
| Payout ratio | — | — |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | 1.9% | 7.4% |
| 5-yr total return | 46% | — |
| Dividend safety score | 62 (C) | — |
| Fair value estimate | $11.92 | — |
| Upside to fair value | -59% | — |
| Frequency | monthly | quarterly |
| Market cap | — | — |
| P/E ratio | 21.3 | 15.9 |
Higher yield
SPYD
4.45%
Safer dividend
HDV
Grade C
Faster growth
SPYD
7.4%
HDV vs SPYD — FAQ
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