CEG vs CIG: 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. CIG offers the higher yield at 7.66%, CEG has the higher dividend-safety score, and CIG looks like the better value (its fair-value estimate is 125% above its share price).
Key facts: CEG vs CIG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Companhia Energética de Minas Gerais - CEMIG (CIG) has the higher forward dividend yield at 7.66%, versus 0.68% for Constellation Energy Corporation (CEG).
- As of Oct 27, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and CIG's C (58/100).
- By SmarterDividends' count as of Oct 27, 2026, CEG has raised its dividend for 3 consecutive years and CIG for 2.
- As of Oct 27, 2026, CEG pays out 16% of its earnings as dividends and CIG pays out 79%.
- As of Oct 27, 2026, CEG's fair-value estimate is 6% above its share price and CIG's fair-value estimate is 125% above its share price, so CIG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs CIG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ceg-vs-cig
| Metric | CEG | CIG |
|---|---|---|
| Forward yield | 0.68% | 7.66% |
| Annual dividend | $1.71 | $0.15 |
| Payout ratio | 16% | 79% |
| Years of growth | 3 yr | 2 yr |
| 5-yr dividend growth | — | 1.4% |
| 5-yr total return | 428% | 30% |
| Dividend safety score | 77 (B) | 58 (C) |
| Fair value estimate | $267.26 | $4.30 |
| Upside to fair value | +6% | +125% |
| Frequency | quarterly | quarterly |
| Market cap | $89.5B | $5.5B |
| P/E ratio | 24.8 | 6.2 |
Higher yield
CIG
7.66%
Safer dividend
CEG
Grade B
Faster growth
CIG
1.4%
Better value
CIG
+125% upside
CEG vs CIG — FAQ
Is CEG or CIG a better dividend stock?
On the data, CEG wins more head-to-head categories (5 vs 2). CIG offers the higher yield (7.66%), 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, CEG or CIG?
CIG has the higher forward dividend yield at 7.66%, versus 0.68% for CEG.
Is CEG or CIG safer?
CEG has the higher dividend-safety score (77/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or CIG better value right now?
As of Oct 27, 2026, CIG looks like the better value: its fair-value estimate is 125% above its share price (undervalued). For CEG, its fair-value estimate is 6% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.