ATO vs CEG: Which Is the Better Dividend Stock?
As of September 2026, ATO (Atmos Energy Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. ATO offers the higher yield at 2.50%, ATO has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+42%).
| Metric | ATO | CEG |
|---|---|---|
| Forward yield | 2.50% | 0.67% |
| Annual dividend | $4.00 | $1.71 |
| Payout ratio | 46% | 16% |
| Years of growth | 36 yr | 3 yr |
| 5-yr dividend growth | 9.0% | — |
| 5-yr total return | 74% | 431% |
| Dividend safety score | 95 (A) | 77 (B) |
| Fair value estimate | $103.36 | $361.39 |
| Upside to fair value | -36% | +42% |
| Frequency | quarterly | quarterly |
| Market cap | $27.1B | $90.2B |
| P/E ratio | 19.1 | 24.9 |
Higher yield
ATO
2.50%
Safer dividend
ATO
Grade A
Faster growth
ATO
9.0%
Better value
CEG
+42% upside
ATO vs CEG — FAQ
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