CEG vs MSEX: Which Is the Better Dividend Stock?
As of Oct 18, 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. MSEX offers the higher yield at 2.64%, MSEX has the higher dividend-safety score, and CEG looks like the better value (its fair-value estimate is 2% below its share price).
Key facts: CEG vs MSEX
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Middlesex Water Company (MSEX) has the higher forward dividend yield at 2.64%, versus 0.63% for Constellation Energy Corporation (CEG).
- As of Oct 18, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and MSEX's A (91/100).
- By SmarterDividends' count as of Oct 18, 2026, CEG has raised its dividend for 3 consecutive years and MSEX for 22.
- As of Oct 18, 2026, CEG pays out 16% of its earnings as dividends and MSEX pays out 55%.
- As of Oct 18, 2026, CEG's fair-value estimate is 2% below its share price and MSEX's fair-value estimate is 30% below its share price, so CEG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs MSEX: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ceg-vs-msex
| Metric | CEG | MSEX |
|---|---|---|
| Forward yield | 0.63% | 2.64% |
| Annual dividend | $1.71 | $1.44 |
| Payout ratio | 16% | 55% |
| Years of growth | 3 yr | 22 yr |
| 5-yr dividend growth | — | 5.8% |
| 5-yr total return | 465% | -47% |
| Dividend safety score | 77 (B) | 91 (A) |
| Fair value estimate | $267.26 | $38.20 |
| Upside to fair value | -2% | -30% |
| Frequency | quarterly | quarterly |
| Market cap | $96.1B | $1.0B |
| P/E ratio | 26.5 | 21.1 |
Higher yield
MSEX
2.64%
Safer dividend
MSEX
Grade A
Faster growth
MSEX
5.8%
Better value
CEG
-2% upside
CEG vs MSEX — FAQ
Is CEG or MSEX a better dividend stock?
On the data, CEG wins more head-to-head categories (4 vs 3). MSEX offers the higher yield (2.64%), while MSEX 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 MSEX?
MSEX has the higher forward dividend yield at 2.64%, versus 0.63% for CEG.
Is CEG or MSEX safer?
MSEX has the higher dividend-safety score (91/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or MSEX better value right now?
As of Oct 18, 2026, CEG looks like the better value: its fair-value estimate is 2% below its share price (fairly valued). For MSEX, its fair-value estimate is 30% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.