NOBL vs SDY: Which Is the Better Dividend Stock?
As of September 2026, SDY (State Street SPDR S&P Dividend ETF) screens as the stronger dividend stock, winning 5 of 6 head-to-head metrics. SDY offers the higher yield at 2.52%, SDY has the higher dividend-safety score, and SDY trades at the larger discount to fair value (-57%).
| Metric | NOBL | SDY |
|---|---|---|
| Forward yield | 2.09% | 2.52% |
| Annual dividend | $1.17 | $3.78 |
| Payout ratio | — | — |
| Years of growth | 3 yr | 3 yr |
| 5-yr dividend growth | 5.4% | 3.8% |
| 5-yr total return | 19% | 22% |
| Dividend safety score | 65 (C) | 66 (B) |
| Fair value estimate | $20.23 | $64.31 |
| Upside to fair value | -64% | -57% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 22.0 | 19.1 |
Higher yield
SDY
2.52%
Safer dividend
SDY
Grade B
Faster growth
NOBL
5.4%
Better value
SDY
-57% upside
NOBL vs SDY — FAQ
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