SmarterDividends

AVA vs DUK: Which Is the Better Dividend Stock?

As of Oct 27, 2026, AVA and DUK are closely matched. AVA offers the higher yield at 5.28%, DUK 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 DUK

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Avista Corporation (AVA) has the higher forward dividend yield at 5.28%, versus 3.49% for Duke Energy Corporation (DUK).
  • As of Oct 27, 2026, SmarterDividends grades AVA's dividend safety A (85/100) and DUK's A (92/100).
  • By SmarterDividends' count as of Oct 27, 2026, AVA has raised its dividend for 23 consecutive years and DUK for 21.
  • As of Oct 27, 2026, AVA pays out 71% of its earnings as dividends and DUK pays out 64%.
  • As of Oct 27, 2026, AVA's fair-value estimate is 9% above its share price and DUK's fair-value estimate is 4% below its share price, so AVA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AVA vs DUK: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ava-vs-duk

MetricAVADUK
Forward yield5.28%3.49%
Annual dividend$1.97$4.34
Payout ratio71%64%
Years of growth23 yr21 yr
5-yr dividend growth3.9%2.0%
5-yr total return-2%29%
Dividend safety score85 (A)92 (A)
Fair value estimate$40.73$119.77
Upside to fair value+9%-4%
Frequencyquarterlyquarterly
Market cap$3.1B$97.0B
P/E ratio13.418.7

Higher yield

AVA

5.28%

Safer dividend

DUK

Grade A

Faster growth

AVA

3.9%

Better value

AVA

+9% upside

AVA vs DUK — FAQ

Is AVA or DUK a better dividend stock?

AVA and DUK are closely matched. AVA has the higher yield; DUK scores better on safety.

Which has a higher dividend yield, AVA or DUK?

AVA has the higher forward dividend yield at 5.28%, versus 3.49% for DUK.

Is AVA or DUK safer?

DUK has the higher dividend-safety score (92/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.

Is AVA or DUK 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 DUK, its fair-value estimate is 4% below its share price.

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