SmarterDividends

BIP vs CEG: Which Is the Better Dividend Stock?

As of Oct 27, 2026, BIP (Brookfield Infrastructure Partners L.P.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. BIP offers the higher yield at 4.95%, BIP 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: BIP vs CEG

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Brookfield Infrastructure Partners L.P. (BIP) has the higher forward dividend yield at 4.95%, versus 0.68% for Constellation Energy Corporation (CEG).
  • As of Oct 27, 2026, SmarterDividends grades BIP's dividend safety B (78/100) and CEG's B (77/100).
  • By SmarterDividends' count as of Oct 27, 2026, BIP has raised its dividend for 17 consecutive years and CEG for 3.
  • As of Oct 27, 2026, BIP pays out 285% of its earnings as dividends and CEG pays out 16%.
  • As of Oct 27, 2026, BIP's fair-value estimate is 20% 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, "BIP vs CEG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bip-vs-ceg

MetricBIPCEG
Forward yield4.95%0.68%
Annual dividend$1.82$1.71
Payout ratio285%16%
Years of growth17 yr3 yr
5-yr dividend growth5.9%—
5-yr total return-2%428%
Dividend safety score78 (B)77 (B)
Fair value estimate$29.41$267.26
Upside to fair value-20%+6%
Frequencyquarterlyquarterly
Market cap$29.1B$89.5B
P/E ratio59.324.8

Higher yield

BIP

4.95%

Safer dividend

BIP

Grade B

Faster growth

BIP

5.9%

Better value

CEG

+6% upside

BIP vs CEG — FAQ

Is BIP or CEG a better dividend stock?

On the data, BIP wins more head-to-head categories (4 vs 3). BIP offers the higher yield (4.95%), while BIP 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 or CEG?

BIP has the higher forward dividend yield at 4.95%, versus 0.68% for CEG.

Is BIP or CEG safer?

BIP has the higher dividend-safety score (78/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.

Is BIP 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 BIP, its fair-value estimate is 20% below its share price.

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