SmarterDividends

L vs V: Which Is the Better Dividend Stock?

As of July 2026, L and V are closely matched. V offers the higher yield at 0.74%, L has the higher dividend-safety score, and L trades at the larger discount to fair value (+61%).

MetricLV
Forward yield0.21%0.74%
Annual dividend$0.25$2.68
Payout ratio3%22%
Years of growth0 yr17 yr
5-yr dividend growth0.0%14.9%
5-yr total return111%55%
Dividend safety score99 (A)92 (A)
Fair value estimate$190.40$348.41
Upside to fair value+61%-2%
Frequencyquarterlyquarterly
Market cap$24.5B$677.4B
P/E ratio15.232.0

Higher yield

V

0.74%

Safer dividend

L

Grade A

Faster growth

V

14.9%

Better value

L

+61% upside

L vs V — FAQ

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