NOBL vs SDY: Which Is the Better Dividend Stock?
As of July 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 2.40%, SDY has the higher dividend-safety score, and SDY trades at the larger discount to fair value (-59%).
| Metric | NOBL | SDY |
|---|---|---|
| Forward yield | 2.05% | 2.40% |
| Annual dividend | $1.17 | $3.73 |
| Payout ratio | — | — |
| Years of growth | 3 yr | 3 yr |
| 5-yr dividend growth | 5.4% | 3.8% |
| 5-yr total return | 21% | 25% |
| Dividend safety score | 65 (C) | 66 (B) |
| Fair value estimate | $20.23 | $64.31 |
| Upside to fair value | -64% | -59% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 23.8 | 21.1 |
Higher yield
SDY
2.40%
Safer dividend
SDY
Grade B
Faster growth
NOBL
5.4%
Better value
SDY
-59% upside
NOBL vs SDY — FAQ
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