CEG vs D: Which Is the Better Dividend Stock?
As of Nov 2, 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. D offers the higher yield at 4.01%, CEG has the higher dividend-safety score, and CEG looks like the better value (its fair-value estimate is 2% above its share price).
Key facts: CEG vs D
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Dominion Energy, Inc. (D) has the higher forward dividend yield at 4.01%, versus 0.65% for Constellation Energy Corporation (CEG).
- As of Nov 2, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and D's C (59/100).
- By SmarterDividends' count as of Nov 2, 2026, CEG has raised its dividend for 3 consecutive years and D for 0.
- As of Nov 2, 2026, CEG pays out 16% of its earnings as dividends and D pays out 88%.
- As of Nov 2, 2026, CEG's fair-value estimate is 2% above its share price and D's fair-value estimate is 15% below its share price, so CEG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs D: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/ceg-vs-d
| Metric | CEG | D |
|---|---|---|
| Forward yield | 0.65% | 4.01% |
| Annual dividend | $1.71 | $2.67 |
| Payout ratio | 16% | 88% |
| Years of growth | 3 yr | 0 yr |
| 5-yr dividend growth | — | -5.0% |
| 5-yr total return | 447% | -6% |
| Dividend safety score | 77 (B) | 59 (C) |
| Fair value estimate | $267.26 | $56.36 |
| Upside to fair value | +2% | -15% |
| Frequency | quarterly | quarterly |
| Market cap | $93.0B | $58.6B |
| P/E ratio | 25.6 | 22.0 |
Higher yield
D
4.01%
Safer dividend
CEG
Grade B
Faster growth
D
-5.0%
Better value
CEG
+2% upside
CEG vs D — FAQ
Is CEG or D a better dividend stock?
On the data, CEG wins more head-to-head categories (5 vs 2). D offers the higher yield (4.01%), 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 D?
D has the higher forward dividend yield at 4.01%, versus 0.65% for CEG.
Is CEG or D safer?
CEG has the higher dividend-safety score (77/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or D better value right now?
As of Nov 2, 2026, CEG looks like the better value: its fair-value estimate is 2% above its share price (fairly valued). For D, its fair-value estimate is 15% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.