AQN vs NEE: Which Is the Better Dividend Stock?
As of Oct 18, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. AQN offers the higher yield at 4.95%, NEE has the higher dividend-safety score, and AQN looks like the better value (its fair-value estimate is 17% above its share price).
Key facts: AQN vs NEE
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Algonquin Power & Utilities Corp. (AQN) has the higher forward dividend yield at 4.95%, versus 3.12% for NextEra Energy, Inc. (NEE).
- As of Oct 18, 2026, SmarterDividends grades AQN's dividend safety D (46/100) and NEE's A (90/100).
- By SmarterDividends' count as of Oct 18, 2026, AQN has raised its dividend for 0 consecutive years and NEE for 30.
- As of Oct 18, 2026, AQN pays out 108% of its earnings as dividends and NEE pays out 53%.
- As of Oct 18, 2026, AQN's fair-value estimate is 17% above its share price and NEE's fair-value estimate is 5% above its share price, so AQN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AQN vs NEE: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/aqn-vs-nee
| Metric | AQN | NEE |
|---|---|---|
| Forward yield | 4.95% | 3.12% |
| Annual dividend | $0.26 | $2.49 |
| Payout ratio | 108% | 53% |
| Years of growth | 0 yr | 30 yr |
| 5-yr dividend growth | -15.6% | 10.1% |
| 5-yr total return | -61% | -8% |
| Dividend safety score | 46 (D) | 90 (A) |
| Fair value estimate | $6.12 | $83.50 |
| Upside to fair value | +17% | +5% |
| Frequency | quarterly | quarterly |
| Market cap | $4.0B | $166.4B |
| P/E ratio | 21.9 | 17.9 |
Higher yield
AQN
4.95%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
AQN
+17% upside
AQN vs NEE — FAQ
Is AQN or NEE a better dividend stock?
On the data, NEE wins more head-to-head categories (6 vs 2). AQN offers the higher yield (4.95%), 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, AQN or NEE?
AQN has the higher forward dividend yield at 4.95%, versus 3.12% for NEE.
Is AQN or NEE safer?
NEE has the higher dividend-safety score (90/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is AQN or NEE better value right now?
As of Oct 18, 2026, AQN looks like the better value: its fair-value estimate is 17% above its share price (undervalued). For NEE, its fair-value estimate is 5% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.