SmarterDividends

CEG vs CNLHO: Which Is the Better Dividend Stock?

As of Oct 27, 2026, CEG and CNLHO are closely matched. CNLHO offers the higher yield at 6.62%, CNLHO 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: CEG vs CNLHO

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, The Connecticut Light and Power Company (CNLHO) has the higher forward dividend yield at 6.62%, versus 0.68% for Constellation Energy Corporation (CEG).
  • As of Oct 27, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and CNLHO's A (90/100).
  • By SmarterDividends' count as of Oct 27, 2026, CEG has raised its dividend for 3 consecutive years and CNLHO for 0.
  • As of Oct 27, 2026, CEG's fair-value estimate is 6% above its share price and CNLHO's fair-value estimate is 13% below its share price, so CEG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricCEGCNLHO
Forward yield0.68%6.62%
Annual dividend$1.71$2.25
Payout ratio16%—
Years of growth3 yr0 yr
5-yr dividend growth—0.0%
5-yr total return428%-33%
Dividend safety score77 (B)90 (A)
Fair value estimate$267.26$29.45
Upside to fair value+6%-13%
Frequencyquarterlyquarterly
Market cap$89.5B—
P/E ratio24.80.5

Higher yield

CNLHO

6.62%

Safer dividend

CNLHO

Grade A

Faster growth

CNLHO

0.0%

Better value

CEG

+6% upside

CEG vs CNLHO — FAQ

Is CEG or CNLHO a better dividend stock?

CEG and CNLHO are closely matched. CNLHO has the higher yield; CNLHO scores better on safety.

Which has a higher dividend yield, CEG or CNLHO?

CNLHO has the higher forward dividend yield at 6.62%, versus 0.68% for CEG.

Is CEG or CNLHO safer?

CNLHO has the higher dividend-safety score (90/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.

Is CEG or CNLHO 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 CNLHO, its fair-value estimate is 13% below its share price.

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