AVA vs CEG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, AVA (Avista Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. AVA offers the higher yield at 5.28%, AVA has the higher dividend-safety score, and AVA looks like the better value (its fair-value estimate is 9% above its share price).
Key facts: AVA vs CEG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Avista Corporation (AVA) has the higher forward dividend yield at 5.28%, versus 0.68% for Constellation Energy Corporation (CEG).
- As of Oct 27, 2026, SmarterDividends grades AVA's dividend safety A (85/100) and CEG's B (77/100).
- By SmarterDividends' count as of Oct 27, 2026, AVA has raised its dividend for 23 consecutive years and CEG for 3.
- As of Oct 27, 2026, AVA pays out 71% of its earnings as dividends and CEG pays out 16%.
- As of Oct 27, 2026, AVA's fair-value estimate is 9% above its share price and CEG's fair-value estimate is 6% above its share price, so AVA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AVA vs CEG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ava-vs-ceg
| Metric | AVA | CEG |
|---|---|---|
| Forward yield | 5.28% | 0.68% |
| Annual dividend | $1.97 | $1.71 |
| Payout ratio | 71% | 16% |
| Years of growth | 23 yr | 3 yr |
| 5-yr dividend growth | 3.9% | — |
| 5-yr total return | -2% | 428% |
| Dividend safety score | 85 (A) | 77 (B) |
| Fair value estimate | $40.73 | $267.26 |
| Upside to fair value | +9% | +6% |
| Frequency | quarterly | quarterly |
| Market cap | $3.1B | $89.5B |
| P/E ratio | 13.4 | 24.8 |
Higher yield
AVA
5.28%
Safer dividend
AVA
Grade A
Faster growth
AVA
3.9%
Better value
AVA
+9% upside
AVA vs CEG — FAQ
Is AVA or CEG a better dividend stock?
On the data, AVA wins more head-to-head categories (5 vs 2). AVA offers the higher yield (5.28%), while AVA has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AVA or CEG?
AVA has the higher forward dividend yield at 5.28%, versus 0.68% for CEG.
Is AVA or CEG safer?
AVA has the higher dividend-safety score (85/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is AVA or CEG better value right now?
As of Oct 27, 2026, AVA looks like the better value: its fair-value estimate is 9% above its share price (fairly valued). For CEG, its fair-value estimate is 6% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.