V vs VOYA: Which Is the Better Dividend Stock?
As of Oct 18, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. VOYA offers the higher yield at 2.00%, V has the higher dividend-safety score, and VOYA looks like the better value (its fair-value estimate is 2% above its share price).
Key facts: V vs VOYA
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Voya Financial, Inc. (VOYA) has the higher forward dividend yield at 2.00%, versus 0.67% for Visa Inc. (V).
- As of Oct 18, 2026, SmarterDividends grades V's dividend safety A (93/100) and VOYA's A (87/100).
- By SmarterDividends' count as of Oct 18, 2026, V has raised its dividend for 17 consecutive years and VOYA for 7.
- As of Oct 18, 2026, V pays out 22% of its earnings as dividends and VOYA pays out 31%.
- As of Oct 18, 2026, V's fair-value estimate is 24% below its share price and VOYA's fair-value estimate is 2% above its share price, so VOYA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "V vs VOYA: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/v-vs-voya
| Metric | V | VOYA |
|---|---|---|
| Forward yield | 0.67% | 2.00% |
| Annual dividend | $2.68 | $1.88 |
| Payout ratio | 22% | 31% |
| Years of growth | 17 yr | 7 yr |
| 5-yr dividend growth | 14.9% | 24.8% |
| 5-yr total return | 108% | 51% |
| Dividend safety score | 93 (A) | 87 (A) |
| Fair value estimate | $306.97 | $96.21 |
| Upside to fair value | -24% | +2% |
| Frequency | quarterly | quarterly |
| Market cap | $755.8B | $8.5B |
| P/E ratio | 34.3 | 15.8 |
Higher yield
VOYA
2.00%
Safer dividend
V
Grade A
Faster growth
VOYA
24.8%
Better value
VOYA
+2% upside
V vs VOYA — FAQ
Is V or VOYA a better dividend stock?
On the data, V wins more head-to-head categories (5 vs 3). VOYA offers the higher yield (2.00%), 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 VOYA?
VOYA has the higher forward dividend yield at 2.00%, versus 0.67% for V.
Is V or VOYA safer?
V has the higher dividend-safety score (93/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.
Is V or VOYA better value right now?
As of Oct 18, 2026, VOYA looks like the better value: its fair-value estimate is 2% above its share price (fairly valued). 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.