CEG vs FTS: Which Is the Better Dividend Stock?
As of Nov 13, 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. FTS offers the higher yield at 3.15%, CEG has the higher dividend-safety score, and CEG looks like the better value (its fair-value estimate is 7% below its share price).
Key facts: CEG vs FTS
Data as of · Source: SmarterDividends data
- As of Nov 13, 2026, Fortis Inc. (FTS) has the higher forward dividend yield at 3.15%, versus 0.60% for Constellation Energy Corporation (CEG).
- As of Nov 13, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and FTS's B (70/100).
- By SmarterDividends' count as of Nov 13, 2026, CEG has raised its dividend for 3 consecutive years and FTS for 10.
- As of Nov 13, 2026, CEG pays out 13% of its earnings as dividends and FTS pays out 73%.
- As of Nov 13, 2026, CEG's fair-value estimate is 7% below its share price and FTS's fair-value estimate is 17% below its share price, so CEG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs FTS: Dividend Yield, Safety & Value Compared," updated Nov 13, 2026, https://smarterdividends.com/compare/ceg-vs-fts
| Metric | CEG | FTS |
|---|---|---|
| Forward yield | 0.60% | 3.15% |
| Annual dividend | $1.71 | $1.87 |
| Payout ratio | 13% | 73% |
| Years of growth | 3 yr | 10 yr |
| 5-yr dividend growth | — | 4.2% |
| 5-yr total return | 421% | 39% |
| Dividend safety score | 77 (B) | 70 (B) |
| Fair value estimate | $261.52 | $49.37 |
| Upside to fair value | -7% | -17% |
| Frequency | quarterly | quarterly |
| Market cap | $99.3B | $30.5B |
| P/E ratio | 22.7 | 23.3 |
Higher yield
FTS
3.15%
Safer dividend
CEG
Grade B
Faster growth
FTS
4.2%
Better value
CEG
-7% upside
CEG vs FTS — FAQ
Is CEG or FTS a better dividend stock?
On the data, CEG wins more head-to-head categories (4 vs 3). FTS offers the higher yield (3.15%), 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 FTS?
FTS has the higher forward dividend yield at 3.15%, versus 0.60% for CEG.
Is CEG or FTS safer?
CEG has the higher dividend-safety score (77/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or FTS better value right now?
As of Nov 13, 2026, CEG looks like the better value: its fair-value estimate is 7% below its share price (fairly valued). For FTS, its fair-value estimate is 17% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.