BEPC vs CEG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. BEPC offers the higher yield at 5.35%, CEG has the higher dividend-safety score, and CEG looks like the better value (its fair-value estimate is 6% above its share price).
Key facts: BEPC vs CEG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Brookfield Renewable Corporation (BEPC) has the higher forward dividend yield at 5.35%, versus 0.68% for Constellation Energy Corporation (CEG).
- As of Oct 27, 2026, SmarterDividends grades BEPC's dividend safety B (66/100) and CEG's B (77/100).
- By SmarterDividends' count as of Oct 27, 2026, BEPC has raised its dividend for 5 consecutive years and CEG for 3.
- As of Oct 27, 2026, BEPC pays out 108% of its earnings as dividends and CEG pays out 16%.
- As of Oct 27, 2026, BEPC's fair-value estimate is 37% below its share price and CEG's fair-value estimate is 6% above its share price, so CEG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BEPC vs CEG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bepc-vs-ceg
| Metric | BEPC | CEG |
|---|---|---|
| Forward yield | 5.35% | 0.68% |
| Annual dividend | $1.57 | $1.71 |
| Payout ratio | 108% | 16% |
| Years of growth | 5 yr | 3 yr |
| 5-yr dividend growth | 5.2% | — |
| 5-yr total return | -22% | 428% |
| Dividend safety score | 66 (B) | 77 (B) |
| Fair value estimate | $18.58 | $267.26 |
| Upside to fair value | -37% | +6% |
| Frequency | quarterly | quarterly |
| Market cap | $5.4B | $89.5B |
| P/E ratio | — | 24.8 |
Higher yield
BEPC
5.35%
Safer dividend
CEG
Grade B
Faster growth
BEPC
5.2%
Better value
CEG
+6% upside
BEPC vs CEG — FAQ
Is BEPC or CEG a better dividend stock?
On the data, CEG wins more head-to-head categories (5 vs 2). BEPC offers the higher yield (5.35%), 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, BEPC or CEG?
BEPC has the higher forward dividend yield at 5.35%, versus 0.68% for CEG.
Is BEPC or CEG safer?
CEG has the higher dividend-safety score (77/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is BEPC or CEG better value right now?
As of Oct 27, 2026, CEG looks like the better value: its fair-value estimate is 6% above its share price (fairly valued). For BEPC, its fair-value estimate is 37% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.