HPS vs V: Which Is the Better Dividend Stock?
As of Nov 11, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HPS offers the higher yield at 11.01%, V has the higher dividend-safety score, and HPS looks like the better value (its fair-value estimate is 13% above its share price).
Key facts: HPS vs V
Data as of · Source: SmarterDividends data
- As of Nov 11, 2026, John Hancock Preferred Income Fund III (HPS) has the higher forward dividend yield at 11.01%, versus 0.74% for Visa Inc. (V).
- As of Nov 11, 2026, SmarterDividends grades HPS's dividend safety C (57/100) and V's A (93/100).
- By SmarterDividends' count as of Nov 11, 2026, HPS has raised its dividend for 0 consecutive years and V for 17.
- As of Nov 11, 2026, HPS pays out 242% of its earnings as dividends and V pays out 22%.
- As of Nov 11, 2026, HPS's fair-value estimate is 13% above its share price and V's fair-value estimate is 24% below its share price, so HPS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HPS vs V: Dividend Yield, Safety & Value Compared," updated Nov 11, 2026, https://smarterdividends.com/compare/hps-vs-v
| Metric | HPS | V |
|---|---|---|
| Forward yield | 11.01% | 0.74% |
| Annual dividend | $1.32 | $3.12 |
| Payout ratio | 242% | 22% |
| Years of growth | 0 yr | 17 yr |
| 5-yr dividend growth | 0.0% | 14.9% |
| 5-yr total return | -37% | 118% |
| Dividend safety score | 57 (C) | 93 (A) |
| Fair value estimate | $13.54 | $321.86 |
| Upside to fair value | +13% | -24% |
| Frequency | monthly | quarterly |
| Market cap | $385.0M | $789.2B |
| P/E ratio | 21.8 | 34.3 |
Higher yield
HPS
11.01%
Safer dividend
V
Grade A
Faster growth
V
14.9%
Better value
HPS
+13% upside
HPS vs V — FAQ
Is HPS or V a better dividend stock?
On the data, V wins more head-to-head categories (6 vs 2). HPS offers the higher yield (11.01%), 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, HPS or V?
HPS has the higher forward dividend yield at 11.01%, versus 0.74% for V.
Is HPS or V safer?
V has the higher dividend-safety score (93/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is HPS or V better value right now?
As of Nov 11, 2026, HPS looks like the better value: its fair-value estimate is 13% above its share price (fairly valued). 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.