SmarterDividends

V vs VGM: Which Is the Better Dividend Stock?

As of Nov 8, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. VGM offers the higher yield at 8.24%, V has the higher dividend-safety score, and VGM looks like the better value (its fair-value estimate is 24% above its share price).

Key facts: V vs VGM

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Invesco Trust for Investment Grade Municipals (VGM) has the higher forward dividend yield at 8.24%, versus 0.74% for Visa Inc. (V).
  • As of Nov 8, 2026, SmarterDividends grades V's dividend safety A (93/100) and VGM's C (55/100).
  • By SmarterDividends' count as of Nov 8, 2026, V has raised its dividend for 17 consecutive years and VGM for 2.
  • As of Nov 8, 2026, V pays out 22% of its earnings as dividends and VGM pays out 250%.
  • As of Nov 8, 2026, V's fair-value estimate is 24% below its share price and VGM's fair-value estimate is 24% above its share price, so VGM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "V vs VGM: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/v-vs-vgm

MetricVVGM
Forward yield0.74%8.24%
Annual dividend$3.12$0.78
Payout ratio22%250%
Years of growth17 yr2 yr
5-yr dividend growth14.9%4.8%
5-yr total return118%-31%
Dividend safety score93 (A)55 (C)
Fair value estimate$321.86$11.70
Upside to fair value-24%+24%
Frequencyquarterlymonthly
Market cap$788.6B$510.3M
P/E ratio34.330.4

Higher yield

VGM

8.24%

Safer dividend

V

Grade A

Faster growth

V

14.9%

Better value

VGM

+24% upside

V vs VGM — FAQ

Is V or VGM a better dividend stock?

On the data, V wins more head-to-head categories (6 vs 2). VGM offers the higher yield (8.24%), 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, V or VGM?

VGM has the higher forward dividend yield at 8.24%, versus 0.74% for V.

Is V or VGM safer?

V has the higher dividend-safety score (93/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.

Is V or VGM better value right now?

As of Nov 8, 2026, VGM looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For V, its fair-value estimate is 24% below its share price.

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