SmarterDividends

AILLN vs CEG: Which Is the Better Dividend Stock?

As of Oct 27, 2026, AILLN (Ameren Illinois Company) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. AILLN offers the higher yield at 6.53%, AILLN has the higher dividend-safety score, and AILLN looks like the better value (its fair-value estimate is 29% above its share price).

Key facts: AILLN vs CEG

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Ameren Illinois Company (AILLN) has the higher forward dividend yield at 6.53%, versus 0.68% for Constellation Energy Corporation (CEG).
  • As of Oct 27, 2026, SmarterDividends grades AILLN's dividend safety B (79/100) and CEG's B (77/100).
  • By SmarterDividends' count as of Oct 27, 2026, AILLN has raised its dividend for 0 consecutive years and CEG for 3.
  • As of Oct 27, 2026, AILLN's fair-value estimate is 29% above its share price and CEG's fair-value estimate is 6% above its share price, so AILLN looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AILLN vs CEG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ailln-vs-ceg

MetricAILLNCEG
Forward yield6.53%0.68%
Annual dividend$4.90$1.71
Payout ratio—16%
Years of growth0 yr3 yr
5-yr dividend growth0.0%—
5-yr total return-29%428%
Dividend safety score79 (B)77 (B)
Fair value estimate$96.78$267.26
Upside to fair value+29%+6%
Frequencyquarterlyquarterly
Market cap—$89.5B
P/E ratio4.324.8

Higher yield

AILLN

6.53%

Safer dividend

AILLN

Grade B

Faster growth

AILLN

0.0%

Better value

AILLN

+29% upside

AILLN vs CEG — FAQ

Is AILLN or CEG a better dividend stock?

On the data, AILLN wins more head-to-head categories (4 vs 2). AILLN offers the higher yield (6.53%), while AILLN has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, AILLN or CEG?

AILLN has the higher forward dividend yield at 6.53%, versus 0.68% for CEG.

Is AILLN or CEG safer?

AILLN has the higher dividend-safety score (79/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.

Is AILLN or CEG better value right now?

As of Oct 27, 2026, AILLN looks like the better value: its fair-value estimate is 29% above its share price (undervalued). For CEG, its fair-value estimate is 6% above its share price.

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