BEP-PA vs CEG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. BEP-PA offers the higher yield at 7.80%, CEG has the higher dividend-safety score, and BEP-PA looks like the better value (its fair-value estimate is 31% above its share price).
Key facts: BEP-PA vs CEG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Brookfield Renewable Partners L.P. (BEP-PA) has the higher forward dividend yield at 7.80%, versus 0.68% for Constellation Energy Corporation (CEG).
- As of Oct 27, 2026, SmarterDividends grades BEP-PA's dividend safety B (72/100) and CEG's B (77/100).
- By SmarterDividends' count as of Oct 27, 2026, BEP-PA has raised its dividend for 0 consecutive years and CEG for 3.
- As of Oct 27, 2026, BEP-PA's fair-value estimate is 31% above its share price and CEG's fair-value estimate is 6% above its share price, so BEP-PA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BEP-PA vs CEG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bep-pa-vs-ceg
| Metric | BEP-PA | CEG |
|---|---|---|
| Forward yield | 7.80% | 0.68% |
| Annual dividend | $1.31 | $1.71 |
| Payout ratio | — | 16% |
| Years of growth | 0 yr | 3 yr |
| 5-yr dividend growth | -6.1% | — |
| 5-yr total return | -35% | 428% |
| Dividend safety score | 72 (B) | 77 (B) |
| Fair value estimate | $22.02 | $267.26 |
| Upside to fair value | +31% | +6% |
| Frequency | quarterly | quarterly |
| Market cap | — | $89.5B |
| P/E ratio | — | 24.8 |
Higher yield
BEP-PA
7.80%
Safer dividend
CEG
Grade B
Faster growth
BEP-PA
-6.1%
Better value
BEP-PA
+31% upside
BEP-PA vs CEG — FAQ
Is BEP-PA or CEG a better dividend stock?
On the data, CEG wins more head-to-head categories (4 vs 2). BEP-PA offers the higher yield (7.80%), while CEG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BEP-PA or CEG?
BEP-PA has the higher forward dividend yield at 7.80%, versus 0.68% for CEG.
Is BEP-PA or CEG safer?
CEG has the higher dividend-safety score (77/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is BEP-PA or CEG better value right now?
As of Oct 27, 2026, BEP-PA looks like the better value: its fair-value estimate is 31% above its share price (undervalued). 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.