SPOK vs UNH: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SPOK and UNH are closely matched. SPOK offers the higher yield at 11.80%, UNH has the higher dividend-safety score, and SPOK looks like the better value (its fair-value estimate is 50% above its share price).
Key facts: SPOK vs UNH
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Spok Holdings, Inc. (SPOK) has the higher forward dividend yield at 11.80%, versus 2.31% for UnitedHealth Group Incorporated (UNH).
- As of Oct 18, 2026, SmarterDividends grades SPOK's dividend safety C (62/100) and UNH's A (89/100).
- By SmarterDividends' count as of Oct 18, 2026, SPOK has raised its dividend for 0 consecutive years and UNH for 16.
- As of Oct 18, 2026, SPOK pays out 219% of its earnings as dividends and UNH pays out 58%.
- As of Oct 18, 2026, SPOK's fair-value estimate is 50% above its share price and UNH's fair-value estimate is 23% above its share price, so SPOK looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SPOK vs UNH: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/spok-vs-unh
| Metric | SPOK | UNH |
|---|---|---|
| Forward yield | 11.80% | 2.31% |
| Annual dividend | $1.25 | $9.28 |
| Payout ratio | 219% | 58% |
| Years of growth | 0 yr | 16 yr |
| 5-yr dividend growth | 20.2% | 12.6% |
| 5-yr total return | 10% | -10% |
| Dividend safety score | 62 (C) | 89 (A) |
| Fair value estimate | $15.89 | $493.81 |
| Upside to fair value | +50% | +23% |
| Frequency | quarterly | quarterly |
| Market cap | $221.9M | $360.3B |
| P/E ratio | 18.6 | 25.8 |
Higher yield
SPOK
11.80%
Safer dividend
UNH
Grade A
Faster growth
SPOK
20.2%
Better value
SPOK
+50% upside
SPOK vs UNH — FAQ
Is SPOK or UNH a better dividend stock?
SPOK and UNH are closely matched. SPOK has the higher yield; UNH scores better on safety.
Which has a higher dividend yield, SPOK or UNH?
SPOK has the higher forward dividend yield at 11.80%, versus 2.31% for UNH.
Is SPOK or UNH safer?
UNH has the higher dividend-safety score (89/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.
Is SPOK or UNH better value right now?
As of Oct 18, 2026, SPOK looks like the better value: its fair-value estimate is 50% above its share price (undervalued). For UNH, its fair-value estimate is 23% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.