SmarterDividends

CEG vs ES: Which Is the Better Dividend Stock?

As of September 2026, ES (Eversource Energy) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. ES offers the higher yield at 4.64%, ES has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+27%).

MetricCEGES
Forward yield0.66%4.64%
Annual dividend$1.71$3.15
Payout ratio16%80%
Years of growth3 yr25 yr
5-yr dividend growth5.8%
5-yr total return493%-16%
Dividend safety score77 (B)80 (A)
Fair value estimate$360.68$75.99
Upside to fair value+27%+11%
Frequencyquarterlyquarterly
Market cap$93.1B$26.0B
P/E ratio25.417.6

Higher yield

ES

4.64%

Safer dividend

ES

Grade A

Faster growth

ES

5.8%

Better value

CEG

+27% upside

CEG vs ES — FAQ

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