STEP vs V: Which Is the Better Dividend Stock?
As of Oct 18, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. STEP offers the higher yield at 4.13%, V has the higher dividend-safety score, and STEP looks like the better value (its fair-value estimate is 23% below its share price).
Key facts: STEP vs V
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, StepStone Group Inc. (STEP) has the higher forward dividend yield at 4.13%, versus 0.67% for Visa Inc. (V).
- As of Oct 18, 2026, SmarterDividends grades STEP's dividend safety C (65/100) and V's A (93/100).
- By SmarterDividends' count as of Oct 18, 2026, STEP has raised its dividend for 4 consecutive years and V for 17.
- As of Oct 18, 2026, STEP pays out 165% of its earnings as dividends and V pays out 22%.
- As of Oct 18, 2026, STEP's fair-value estimate is 23% below its share price and V's fair-value estimate is 24% below its share price, so STEP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "STEP vs V: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/step-vs-v
| Metric | STEP | V |
|---|---|---|
| Forward yield | 4.13% | 0.67% |
| Annual dividend | $1.72 | $2.68 |
| Payout ratio | 165% | 22% |
| Years of growth | 4 yr | 17 yr |
| 5-yr dividend growth | — | 14.9% |
| 5-yr total return | 1% | 108% |
| Dividend safety score | 65 (C) | 93 (A) |
| Fair value estimate | $32.17 | $306.97 |
| Upside to fair value | -23% | -24% |
| Frequency | quarterly | quarterly |
| Market cap | $5.4B | $755.8B |
| P/E ratio | — | 34.3 |
Higher yield
STEP
4.13%
Safer dividend
V
Grade A
Faster growth
V
14.9%
Better value
STEP
-23% upside
STEP vs V — FAQ
Is STEP or V a better dividend stock?
On the data, V wins more head-to-head categories (5 vs 2). STEP offers the higher yield (4.13%), 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, STEP or V?
STEP has the higher forward dividend yield at 4.13%, versus 0.67% for V.
Is STEP or V safer?
V has the higher dividend-safety score (93/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.
Is STEP or V better value right now?
As of Oct 18, 2026, STEP looks like the better value: its fair-value estimate is 23% below its share price (overvalued). For V, its fair-value estimate is 24% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


