HFWA vs V: Which Is the Better Dividend Stock?
As of Nov 8, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HFWA offers the higher yield at 3.52%, V has the higher dividend-safety score, and HFWA looks like the better value (its fair-value estimate is 37% above its share price).
Key facts: HFWA vs V
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Heritage Financial Corporation (HFWA) has the higher forward dividend yield at 3.52%, versus 0.74% for Visa Inc. (V).
- As of Nov 8, 2026, SmarterDividends grades HFWA's dividend safety A (84/100) and V's A (93/100).
- By SmarterDividends' count as of Nov 8, 2026, HFWA has raised its dividend for 14 consecutive years and V for 17.
- As of Nov 8, 2026, HFWA pays out 46% of its earnings as dividends and V pays out 22%.
- As of Nov 8, 2026, HFWA's fair-value estimate is 37% above its share price and V's fair-value estimate is 24% below its share price, so HFWA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HFWA vs V: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hfwa-vs-v
| Metric | HFWA | V |
|---|---|---|
| Forward yield | 3.52% | 0.74% |
| Annual dividend | $1.00 | $3.12 |
| Payout ratio | 46% | 22% |
| Years of growth | 14 yr | 17 yr |
| 5-yr dividend growth | 3.7% | 14.9% |
| 5-yr total return | 21% | 118% |
| Dividend safety score | 84 (A) | 93 (A) |
| Fair value estimate | $38.91 | $321.86 |
| Upside to fair value | +37% | -24% |
| Frequency | quarterly | quarterly |
| Market cap | $1.2B | $788.6B |
| P/E ratio | 14.1 | 34.3 |
Higher yield
HFWA
3.52%
Safer dividend
V
Grade A
Faster growth
V
14.9%
Better value
HFWA
+37% upside
HFWA vs V — FAQ
Is HFWA or V a better dividend stock?
On the data, V wins more head-to-head categories (6 vs 2). HFWA offers the higher yield (3.52%), while V has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, HFWA or V?
HFWA has the higher forward dividend yield at 3.52%, versus 0.74% for V.
Is HFWA or V safer?
V has the higher dividend-safety score (93/100 vs 84/100), reflecting stronger payout coverage and dividend-growth history.
Is HFWA or V better value right now?
As of Nov 8, 2026, HFWA looks like the better value: its fair-value estimate is 37% above its share price (undervalued). For V, its fair-value estimate is 24% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.