AEE vs DUK: Which Is the Better Dividend Stock?
As of Oct 22, 2026, AEE and DUK are closely matched. DUK offers the higher yield at 3.60%, DUK has the higher dividend-safety score, and AEE looks like the better value (its fair-value estimate is 1% below its share price).
Key facts: AEE vs DUK
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, Duke Energy Corporation (DUK) has the higher forward dividend yield at 3.60%, versus 2.82% for Ameren Corporation (AEE).
- As of Oct 22, 2026, SmarterDividends grades AEE's dividend safety A (84/100) and DUK's A (92/100).
- By SmarterDividends' count as of Oct 22, 2026, AEE has raised its dividend for 12 consecutive years and DUK for 21.
- As of Oct 22, 2026, AEE pays out 51% of its earnings as dividends and DUK pays out 64%.
- As of Oct 22, 2026, AEE's fair-value estimate is 1% below its share price and DUK's fair-value estimate is 1% below its share price, so AEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AEE vs DUK: Dividend Yield, Safety & Value Compared," updated Oct 22, 2026, https://smarterdividends.com/compare/aee-vs-duk
| Metric | AEE | DUK |
|---|---|---|
| Forward yield | 2.82% | 3.60% |
| Annual dividend | $3.00 | $4.34 |
| Payout ratio | 51% | 64% |
| Years of growth | 12 yr | 21 yr |
| 5-yr dividend growth | 7.3% | 2.0% |
| 5-yr total return | 30% | 25% |
| Dividend safety score | 84 (A) | 92 (A) |
| Fair value estimate | $105.90 | $119.84 |
| Upside to fair value | -1% | -1% |
| Frequency | quarterly | quarterly |
| Market cap | $29.5B | $94.1B |
| P/E ratio | 18.7 | 18.2 |
Higher yield
DUK
3.60%
Safer dividend
DUK
Grade A
Faster growth
AEE
7.3%
Better value
AEE
-1% upside
AEE vs DUK — FAQ
Is AEE or DUK a better dividend stock?
AEE and DUK are closely matched. DUK has the higher yield; DUK scores better on safety.
Which has a higher dividend yield, AEE or DUK?
DUK has the higher forward dividend yield at 3.60%, versus 2.82% for AEE.
Is AEE or DUK safer?
DUK has the higher dividend-safety score (92/100 vs 84/100), reflecting stronger payout coverage and dividend-growth history.
Is AEE or DUK better value right now?
As of Oct 22, 2026, AEE looks like the better value: its fair-value estimate is 1% below its share price (fairly valued). For DUK, its fair-value estimate is 1% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.