SmarterDividends

MFC vs V: Which Is the Better Dividend Stock?

As of Nov 13, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MFC offers the higher yield at 3.10%, V has the higher dividend-safety score, and MFC looks like the better value (its fair-value estimate is 7% above its share price).

Key facts: MFC vs V

Data as of · Source: SmarterDividends data

  • As of Nov 13, 2026, Manulife Financial Corporation (MFC) has the higher forward dividend yield at 3.10%, versus 0.74% for Visa Inc. (V).
  • As of Nov 13, 2026, SmarterDividends grades MFC's dividend safety B (70/100) and V's A (93/100).
  • By SmarterDividends' count as of Nov 13, 2026, MFC has raised its dividend for 12 consecutive years and V for 17.
  • As of Nov 13, 2026, MFC pays out 54% of its earnings as dividends and V pays out 22%.
  • As of Nov 13, 2026, MFC's fair-value estimate is 7% above its share price and V's fair-value estimate is 23% below its share price, so MFC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MFC vs V: Dividend Yield, Safety & Value Compared," updated Nov 13, 2026, https://smarterdividends.com/compare/mfc-vs-v

MetricMFCV
Forward yield3.10%0.74%
Annual dividend$1.36$3.12
Payout ratio54%22%
Years of growth12 yr17 yr
5-yr dividend growth8.4%14.9%
5-yr total return141%118%
Dividend safety score70 (B)93 (A)
Fair value estimate$46.97$321.86
Upside to fair value+7%-23%
Frequencyquarterlyquarterly
Market cap$72.6B$784.2B
P/E ratio17.534.1

Higher yield

MFC

3.10%

Safer dividend

V

Grade A

Faster growth

V

14.9%

Better value

MFC

+7% upside

MFC vs V — FAQ

Is MFC or V a better dividend stock?

On the data, V wins more head-to-head categories (5 vs 3). MFC offers the higher yield (3.10%), 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, MFC or V?

MFC has the higher forward dividend yield at 3.10%, versus 0.74% for V.

Is MFC or V safer?

V has the higher dividend-safety score (93/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.

Is MFC or V better value right now?

As of Nov 13, 2026, MFC looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For V, its fair-value estimate is 23% below its share price.

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