CEG vs MDU: Which Is the Better Dividend Stock?
As of September 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. MDU offers the higher yield at 2.88%, CEG has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+21%).
| Metric | CEG | MDU |
|---|---|---|
| Forward yield | 0.58% | 2.88% |
| Annual dividend | $1.71 | $0.57 |
| Payout ratio | 16% | 60% |
| Years of growth | 3 yr | 1 yr |
| 5-yr dividend growth | — | 11.2% |
| 5-yr total return | 523% | 73% |
| Dividend safety score | 77 (B) | 58 (C) |
| Fair value estimate | $360.68 | $20.32 |
| Upside to fair value | +21% | +4% |
| Frequency | quarterly | quarterly |
| Market cap | $101.3B | $4.0B |
| P/E ratio | 28.7 | 20.9 |
Higher yield
MDU
2.88%
Safer dividend
CEG
Grade B
Faster growth
MDU
11.2%
Better value
CEG
+21% upside
CEG vs MDU — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.