SmarterDividends

CEG vs CNLPM: Which Is the Better Dividend Stock?

As of July 2026, CNLPM (The Connecticut Light and Power Company) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. CNLPM offers the higher yield at 6.34%, CNLPM has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+61%).

MetricCEGCNLPM
Forward yield0.68%6.34%
Annual dividend$1.71$2.06
Payout ratio14%
Years of growth3 yr0 yr
5-yr dividend growth0.0%
5-yr total return-35%
Dividend safety score75 (B)92 (A)
Fair value estimate$406.21$27.86
Upside to fair value+61%-14%
Frequencyquarterlyquarterly
Market cap$90.5B
P/E ratio21.90.4

Higher yield

CNLPM

6.34%

Safer dividend

CNLPM

Grade A

Faster growth

CNLPM

0.0%

Better value

CEG

+61% upside

CEG vs CNLPM — FAQ

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