CEG vs HTO: Which Is the Better Dividend Stock?
As of Oct 19, 2026, HTO (H2O America) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. HTO offers the higher yield at 3.05%, HTO has the higher dividend-safety score, and HTO looks like the better value (its fair-value estimate is 6% above its share price).
Key facts: CEG vs HTO
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, H2O America (HTO) has the higher forward dividend yield at 3.05%, versus 0.63% for Constellation Energy Corporation (CEG).
- As of Oct 19, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and HTO's A (90/100).
- By SmarterDividends' count as of Oct 19, 2026, CEG has raised its dividend for 3 consecutive years and HTO for 45.
- As of Oct 19, 2026, CEG pays out 16% of its earnings as dividends and HTO pays out 61%.
- As of Oct 19, 2026, CEG's fair-value estimate is 2% below its share price and HTO's fair-value estimate is 6% above its share price, so HTO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs HTO: Dividend Yield, Safety & Value Compared," updated Oct 19, 2026, https://smarterdividends.com/compare/ceg-vs-hto
| Metric | CEG | HTO |
|---|---|---|
| Forward yield | 0.63% | 3.05% |
| Annual dividend | $1.71 | $1.76 |
| Payout ratio | 16% | 61% |
| Years of growth | 3 yr | 45 yr |
| 5-yr dividend growth | — | 5.6% |
| 5-yr total return | 465% | -14% |
| Dividend safety score | 77 (B) | 90 (A) |
| Fair value estimate | $267.26 | $61.15 |
| Upside to fair value | -2% | +6% |
| Frequency | quarterly | quarterly |
| Market cap | $96.1B | $2.4B |
| P/E ratio | 26.5 | 20.4 |
Higher yield
HTO
3.05%
Safer dividend
HTO
Grade A
Faster growth
HTO
5.6%
Better value
HTO
+6% upside
CEG vs HTO — FAQ
Is CEG or HTO a better dividend stock?
On the data, HTO wins more head-to-head categories (5 vs 2). HTO offers the higher yield (3.05%), while HTO 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 HTO?
HTO has the higher forward dividend yield at 3.05%, versus 0.63% for CEG.
Is CEG or HTO safer?
HTO has the higher dividend-safety score (90/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or HTO better value right now?
As of Oct 19, 2026, HTO looks like the better value: its fair-value estimate is 6% above 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.