SmarterDividends

CEG vs CWCO: Which Is the Better Dividend Stock?

As of Oct 18, 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. CWCO offers the higher yield at 1.98%, CWCO has the higher dividend-safety score, and CEG looks like the better value (its fair-value estimate is 2% below its share price).

Key facts: CEG vs CWCO

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Consolidated Water Co. Ltd. (CWCO) has the higher forward dividend yield at 1.98%, versus 0.63% for Constellation Energy Corporation (CEG).
  • As of Oct 18, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and CWCO's A (93/100).
  • By SmarterDividends' count as of Oct 18, 2026, CEG has raised its dividend for 3 consecutive years and CWCO for 3.
  • As of Oct 18, 2026, CEG pays out 16% of its earnings as dividends and CWCO pays out 55%.
  • As of Oct 18, 2026, CEG's fair-value estimate is 2% below its share price and CWCO's fair-value estimate is 23% below its share price, so CEG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CEG vs CWCO: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ceg-vs-cwco

MetricCEGCWCO
Forward yield0.63%1.98%
Annual dividend$1.71$0.56
Payout ratio16%55%
Years of growth3 yr3 yr
5-yr dividend growth—8.0%
5-yr total return465%159%
Dividend safety score77 (B)93 (A)
Fair value estimate$267.26$21.72
Upside to fair value-2%-23%
Frequencyquarterlyquarterly
Market cap$96.1B$452.2M
P/E ratio26.527.7

Higher yield

CWCO

1.98%

Safer dividend

CWCO

Grade A

Faster growth

CWCO

8.0%

Better value

CEG

-2% upside

CEG vs CWCO — FAQ

Is CEG or CWCO a better dividend stock?

On the data, CEG wins more head-to-head categories (4 vs 2). CWCO offers the higher yield (1.98%), while CWCO 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 CWCO?

CWCO has the higher forward dividend yield at 1.98%, versus 0.63% for CEG.

Is CEG or CWCO safer?

CWCO has the higher dividend-safety score (93/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.

Is CEG or CWCO better value right now?

As of Oct 18, 2026, CEG looks like the better value: its fair-value estimate is 2% below its share price (fairly valued). For CWCO, its fair-value estimate is 23% below its share price.

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