SmarterDividends

AVA vs NEE: Which Is the Better Dividend Stock?

As of Oct 27, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. AVA offers the higher yield at 5.28%, NEE has the higher dividend-safety score, and NEE looks like the better value (its fair-value estimate is 16% above its share price).

Key facts: AVA vs NEE

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Avista Corporation (AVA) has the higher forward dividend yield at 5.28%, versus 3.04% for NextEra Energy, Inc. (NEE).
  • As of Oct 27, 2026, SmarterDividends grades AVA's dividend safety A (85/100) and NEE's A (90/100).
  • By SmarterDividends' count as of Oct 27, 2026, AVA has raised its dividend for 23 consecutive years and NEE for 30.
  • As of Oct 27, 2026, AVA pays out 71% of its earnings as dividends and NEE pays out 44%.
  • As of Oct 27, 2026, AVA's fair-value estimate is 9% above its share price and NEE's fair-value estimate is 16% above its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricAVANEE
Forward yield5.28%3.04%
Annual dividend$1.97$2.49
Payout ratio71%44%
Years of growth23 yr30 yr
5-yr dividend growth3.9%10.1%
5-yr total return-2%-5%
Dividend safety score85 (A)90 (A)
Fair value estimate$40.73$94.84
Upside to fair value+9%+16%
Frequencyquarterlyquarterly
Market cap$3.1B$172.1B
P/E ratio13.414.8

Higher yield

AVA

5.28%

Safer dividend

NEE

Grade A

Faster growth

NEE

10.1%

Better value

NEE

+16% upside

AVA vs NEE — FAQ

Is AVA or NEE a better dividend stock?

On the data, NEE wins more head-to-head categories (6 vs 2). AVA offers the higher yield (5.28%), 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, AVA or NEE?

AVA has the higher forward dividend yield at 5.28%, versus 3.04% for NEE.

Is AVA or NEE safer?

NEE has the higher dividend-safety score (90/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.

Is AVA or NEE better value right now?

As of Oct 27, 2026, NEE looks like the better value: its fair-value estimate is 16% above its share price (undervalued). For AVA, its fair-value estimate is 9% above its share price.

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