AEE vs NEE: Which Is the Better Dividend Stock?
As of Oct 22, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NEE offers the higher yield at 3.18%, NEE has the higher dividend-safety score, and NEE looks like the better value (its fair-value estimate is 7% above its share price).
Key facts: AEE vs NEE
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, NextEra Energy, Inc. (NEE) has the higher forward dividend yield at 3.18%, versus 2.82% for Ameren Corporation (AEE).
- As of Oct 22, 2026, SmarterDividends grades AEE's dividend safety A (84/100) and NEE's A (90/100).
- By SmarterDividends' count as of Oct 22, 2026, AEE has raised its dividend for 12 consecutive years and NEE for 30.
- As of Oct 22, 2026, AEE pays out 51% of its earnings as dividends and NEE pays out 53%.
- As of Oct 22, 2026, AEE's fair-value estimate is 1% below its share price and NEE's fair-value estimate is 7% above its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AEE vs NEE: Dividend Yield, Safety & Value Compared," updated Oct 22, 2026, https://smarterdividends.com/compare/aee-vs-nee
| Metric | AEE | NEE |
|---|---|---|
| Forward yield | 2.82% | 3.18% |
| Annual dividend | $3.00 | $2.49 |
| Payout ratio | 51% | 53% |
| Years of growth | 12 yr | 30 yr |
| 5-yr dividend growth | 7.3% | 10.1% |
| 5-yr total return | 30% | -8% |
| Dividend safety score | 84 (A) | 90 (A) |
| Fair value estimate | $105.90 | $83.50 |
| Upside to fair value | -1% | +7% |
| Frequency | quarterly | quarterly |
| Market cap | $29.5B | $163.3B |
| P/E ratio | 18.7 | 17.6 |
Higher yield
NEE
3.18%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
NEE
+7% upside
AEE vs NEE — FAQ
Is AEE or NEE a better dividend stock?
On the data, NEE wins more head-to-head categories (5 vs 3). NEE offers the higher yield (3.18%), while NEE has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AEE or NEE?
NEE has the higher forward dividend yield at 3.18%, versus 2.82% for AEE.
Is AEE or NEE safer?
NEE has the higher dividend-safety score (90/100 vs 84/100), reflecting stronger payout coverage and dividend-growth history.
Is AEE or NEE better value right now?
As of Oct 22, 2026, NEE looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For AEE, its fair-value estimate is 1% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.