SmarterDividends

MHF vs V: Which Is the Better Dividend Stock?

As of Oct 18, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. MHF offers the higher yield at 6.36%, V has the higher dividend-safety score, and MHF looks like the better value (its fair-value estimate is 40% above its share price).

Key facts: MHF vs V

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Western Asset Municipal High Income Fund Inc. (MHF) has the higher forward dividend yield at 6.36%, versus 0.67% for Visa Inc. (V).
  • As of Oct 18, 2026, SmarterDividends grades MHF's dividend safety C (53/100) and V's A (93/100).
  • By SmarterDividends' count as of Oct 18, 2026, MHF has raised its dividend for 3 consecutive years and V for 17.
  • As of Oct 18, 2026, MHF pays out 109% of its earnings as dividends and V pays out 22%.
  • As of Oct 18, 2026, MHF's fair-value estimate is 40% above its share price and V's fair-value estimate is 24% below its share price, so MHF looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MHF vs V: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/mhf-vs-v

MetricMHFV
Forward yield6.36%0.67%
Annual dividend$0.41$2.68
Payout ratio109%22%
Years of growth3 yr17 yr
5-yr dividend growth7.8%14.9%
5-yr total return-23%108%
Dividend safety score53 (C)93 (A)
Fair value estimate$9.01$306.97
Upside to fair value+40%-24%
Frequencymonthlyquarterly
Market cap$142.7M$755.8B
P/E ratio17.434.3

Higher yield

MHF

6.36%

Safer dividend

V

Grade A

Faster growth

V

14.9%

Better value

MHF

+40% upside

MHF vs V — FAQ

Is MHF or V a better dividend stock?

On the data, V wins more head-to-head categories (6 vs 2). MHF offers the higher yield (6.36%), 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, MHF or V?

MHF has the higher forward dividend yield at 6.36%, versus 0.67% for V.

Is MHF or V safer?

V has the higher dividend-safety score (93/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.

Is MHF or V better value right now?

As of Oct 18, 2026, MHF looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For V, its fair-value estimate is 24% below its share price.

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