SmarterDividends

AWR vs CEG: Which Is the Better Dividend Stock?

As of August 2026, AWR (American States Water Company) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. AWR offers the higher yield at 2.45%, AWR has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+28%).

MetricAWRCEG
Forward yield2.45%0.60%
Annual dividend$2.18$1.71
Payout ratio55%16%
Years of growth23 yr3 yr
5-yr dividend growth8.7%
5-yr total return4%
Dividend safety score91 (A)75 (B)
Fair value estimate$57.08$361.03
Upside to fair value-36%+28%
Frequencyquarterlyquarterly
Market cap$3.5B$100.1B
P/E ratio24.327.6

Higher yield

AWR

2.45%

Safer dividend

AWR

Grade A

Faster growth

AWR

8.7%

Better value

CEG

+28% upside

AWR vs CEG — FAQ

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