CEG vs DUK: Which Is the Better Dividend Stock?
As of Oct 18, 2026, DUK (Duke Energy Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. DUK offers the higher yield at 3.57%, DUK has the higher dividend-safety score, and DUK looks like the better value (its fair-value estimate is 1% below its share price).
Key facts: CEG vs DUK
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Duke Energy Corporation (DUK) has the higher forward dividend yield at 3.57%, versus 0.63% for Constellation Energy Corporation (CEG).
- As of Oct 18, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and DUK's A (92/100).
- By SmarterDividends' count as of Oct 18, 2026, CEG has raised its dividend for 3 consecutive years and DUK for 21.
- As of Oct 18, 2026, CEG pays out 16% of its earnings as dividends and DUK pays out 64%.
- As of Oct 18, 2026, CEG's fair-value estimate is 2% below its share price and DUK's fair-value estimate is 1% below its share price, so DUK looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs DUK: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ceg-vs-duk
| Metric | CEG | DUK |
|---|---|---|
| Forward yield | 0.63% | 3.57% |
| Annual dividend | $1.71 | $4.34 |
| Payout ratio | 16% | 64% |
| Years of growth | 3 yr | 21 yr |
| 5-yr dividend growth | — | 2.0% |
| 5-yr total return | 465% | 25% |
| Dividend safety score | 77 (B) | 92 (A) |
| Fair value estimate | $267.26 | $119.84 |
| Upside to fair value | -2% | -1% |
| Frequency | quarterly | quarterly |
| Market cap | $96.1B | $94.7B |
| P/E ratio | 26.5 | 18.3 |
Higher yield
DUK
3.57%
Safer dividend
DUK
Grade A
Faster growth
DUK
2.0%
Better value
DUK
-1% upside
CEG vs DUK — FAQ
Is CEG or DUK a better dividend stock?
On the data, DUK wins more head-to-head categories (5 vs 2). DUK offers the higher yield (3.57%), while DUK 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 DUK?
DUK has the higher forward dividend yield at 3.57%, versus 0.63% for CEG.
Is CEG or DUK safer?
DUK has the higher dividend-safety score (92/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or DUK better value right now?
As of Oct 18, 2026, DUK looks like the better value: its fair-value estimate is 1% below its share price (fairly valued). For CEG, its fair-value estimate is 2% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.