SmarterDividends

BIP-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. BIP-PA offers the higher yield at 8.15%, CEG has the higher dividend-safety score, and BIP-PA looks like the better value (its fair-value estimate is 88% above its share price).

Key facts: BIP-PA vs CEG

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Brookfield Infrastructure Partners L.P. (BIP-PA) has the higher forward dividend yield at 8.15%, versus 0.68% for Constellation Energy Corporation (CEG).
  • As of Oct 27, 2026, SmarterDividends grades BIP-PA's dividend safety B (69/100) and CEG's B (77/100).
  • By SmarterDividends' count as of Oct 27, 2026, BIP-PA has raised its dividend for 0 consecutive years and CEG for 3.
  • As of Oct 27, 2026, BIP-PA's fair-value estimate is 88% above its share price and CEG's fair-value estimate is 6% above its share price, so BIP-PA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BIP-PA vs CEG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bip-pa-vs-ceg

MetricBIP-PACEG
Forward yield8.15%0.68%
Annual dividend$1.28$1.71
Payout ratio—16%
Years of growth0 yr3 yr
5-yr dividend growth1.4%—
5-yr total return-36%428%
Dividend safety score69 (B)77 (B)
Fair value estimate$29.50$267.26
Upside to fair value+88%+6%
Frequencyquarterlyquarterly
Market cap—$89.5B
P/E ratio13.324.8

Higher yield

BIP-PA

8.15%

Safer dividend

CEG

Grade B

Faster growth

BIP-PA

1.4%

Better value

BIP-PA

+88% upside

BIP-PA vs CEG — FAQ

Is BIP-PA or CEG a better dividend stock?

On the data, CEG wins more head-to-head categories (4 vs 2). BIP-PA offers the higher yield (8.15%), 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, BIP-PA or CEG?

BIP-PA has the higher forward dividend yield at 8.15%, versus 0.68% for CEG.

Is BIP-PA or CEG safer?

CEG has the higher dividend-safety score (77/100 vs 69/100), reflecting stronger payout coverage and dividend-growth history.

Is BIP-PA or CEG better value right now?

As of Oct 27, 2026, BIP-PA looks like the better value: its fair-value estimate is 88% above its share price (undervalued). For CEG, its fair-value estimate is 6% above its share price.

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