CEG vs DUK-PA: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. DUK-PA offers the higher yield at 6.48%, CEG has the higher dividend-safety score, and DUK-PA looks like the better value (its fair-value estimate is 57% above its share price).
Key facts: CEG vs DUK-PA
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Duke Energy Corporation (DUK-PA) has the higher forward dividend yield at 6.48%, versus 0.68% for Constellation Energy Corporation (CEG).
- As of Oct 27, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and DUK-PA's B (75/100).
- By SmarterDividends' count as of Oct 27, 2026, CEG has raised its dividend for 3 consecutive years and DUK-PA for 0.
- As of Oct 27, 2026, CEG's fair-value estimate is 6% above its share price and DUK-PA's fair-value estimate is 57% above its share price, so DUK-PA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs DUK-PA: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ceg-vs-duk-pa
| Metric | CEG | DUK-PA |
|---|---|---|
| Forward yield | 0.68% | 6.48% |
| Annual dividend | $1.71 | $1.44 |
| Payout ratio | 16% | — |
| Years of growth | 3 yr | 0 yr |
| 5-yr dividend growth | — | 0.0% |
| 5-yr total return | 428% | -16% |
| Dividend safety score | 77 (B) | 75 (B) |
| Fair value estimate | $267.26 | $34.88 |
| Upside to fair value | +6% | +57% |
| Frequency | quarterly | quarterly |
| Market cap | $89.5B | — |
| P/E ratio | 24.8 | 4.7 |
Higher yield
DUK-PA
6.48%
Safer dividend
CEG
Grade B
Faster growth
DUK-PA
0.0%
Better value
DUK-PA
+57% upside
CEG vs DUK-PA — FAQ
Is CEG or DUK-PA a better dividend stock?
On the data, CEG wins more head-to-head categories (4 vs 2). DUK-PA offers the higher yield (6.48%), 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 DUK-PA?
DUK-PA has the higher forward dividend yield at 6.48%, versus 0.68% for CEG.
Is CEG or DUK-PA safer?
CEG has the higher dividend-safety score (77/100 vs 75/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or DUK-PA better value right now?
As of Oct 27, 2026, DUK-PA looks like the better value: its fair-value estimate is 57% above its share price (undervalued). For CEG, its fair-value estimate is 6% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.