CEG vs EIX: Which Is the Better Dividend Stock?
As of Oct 27, 2026, EIX (Edison International) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. EIX offers the higher yield at 6.07%, EIX has the higher dividend-safety score, and EIX looks like the better value (its fair-value estimate is 113% above its share price).
Key facts: CEG vs EIX
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Edison International (EIX) has the higher forward dividend yield at 6.07%, versus 0.68% for Constellation Energy Corporation (CEG).
- As of Oct 27, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and EIX's A (84/100).
- By SmarterDividends' count as of Oct 27, 2026, CEG has raised its dividend for 3 consecutive years and EIX for 21.
- As of Oct 27, 2026, CEG pays out 16% of its earnings as dividends and EIX pays out 36%.
- As of Oct 27, 2026, CEG's fair-value estimate is 6% above its share price and EIX's fair-value estimate is 113% above its share price, so EIX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs EIX: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ceg-vs-eix
| Metric | CEG | EIX |
|---|---|---|
| Forward yield | 0.68% | 6.07% |
| Annual dividend | $1.71 | $3.51 |
| Payout ratio | 16% | 36% |
| Years of growth | 3 yr | 21 yr |
| 5-yr dividend growth | — | 5.1% |
| 5-yr total return | 428% | -12% |
| Dividend safety score | 77 (B) | 84 (A) |
| Fair value estimate | $267.26 | $122.95 |
| Upside to fair value | +6% | +113% |
| Frequency | quarterly | quarterly |
| Market cap | $89.5B | $22.2B |
| P/E ratio | 24.8 | 6.0 |
Higher yield
EIX
6.07%
Safer dividend
EIX
Grade A
Faster growth
EIX
5.1%
Better value
EIX
+113% upside
CEG vs EIX — FAQ
Is CEG or EIX a better dividend stock?
On the data, EIX wins more head-to-head categories (5 vs 2). EIX offers the higher yield (6.07%), while EIX 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 EIX?
EIX has the higher forward dividend yield at 6.07%, versus 0.68% for CEG.
Is CEG or EIX safer?
EIX has the higher dividend-safety score (84/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or EIX better value right now?
As of Oct 27, 2026, EIX looks like the better value: its fair-value estimate is 113% 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.