SmarterDividends

NVDA vs TPGXL: Which Is the Better Dividend Stock?

As of Oct 18, 2026, TPGXL (TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. TPGXL offers the higher yield at 8.50%, NVDA has the higher dividend-safety score, and TPGXL looks like the better value (its fair-value estimate is 25% above its share price).

Key facts: NVDA vs TPGXL

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (TPGXL) has the higher forward dividend yield at 8.50%, versus 0.47% for NVIDIA Corporation (NVDA).
  • As of Oct 18, 2026, SmarterDividends grades NVDA's dividend safety A (84/100) and TPGXL's C (59/100).
  • By SmarterDividends' count as of Oct 18, 2026, NVDA has raised its dividend for 2 consecutive years and TPGXL for 0.
  • As of Oct 18, 2026, NVDA's fair-value estimate is 3% below its share price and TPGXL's fair-value estimate is 25% above its share price, so TPGXL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NVDA vs TPGXL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nvda-vs-tpgxl

MetricNVDATPGXL
Forward yield0.47%8.50%
Annual dividend$1.00$1.74
Payout ratio4%—
Years of growth2 yr0 yr
5-yr dividend growth20.1%—
5-yr total return555%—
Dividend safety score84 (A)59 (C)
Fair value estimate$206.65$25.52
Upside to fair value-3%+25%
Frequencyquarterlyquarterly
Market cap$5.2T—
P/E ratio27.1—

Higher yield

TPGXL

8.50%

Safer dividend

NVDA

Grade A

Faster growth

NVDA

20.1%

Better value

TPGXL

+25% upside

NVDA vs TPGXL — FAQ

Is NVDA or TPGXL a better dividend stock?

On the data, TPGXL wins more head-to-head categories (3 vs 2). TPGXL offers the higher yield (8.50%), while NVDA has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, NVDA or TPGXL?

TPGXL has the higher forward dividend yield at 8.50%, versus 0.47% for NVDA.

Is NVDA or TPGXL safer?

NVDA has the higher dividend-safety score (84/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.

Is NVDA or TPGXL better value right now?

As of Oct 18, 2026, TPGXL looks like the better value: its fair-value estimate is 25% above its share price (undervalued). For NVDA, its fair-value estimate is 3% below its share price.

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