CEG vs NPIFF: Which Is the Better Dividend Stock?
As of Oct 22, 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. NPIFF offers the higher yield at 3.20%, CEG has the higher dividend-safety score, and NPIFF looks like the better value (its fair-value estimate is 130% above its share price).
Key facts: CEG vs NPIFF
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, Northland Power Inc. (NPIFF) has the higher forward dividend yield at 3.20%, versus 0.63% for Constellation Energy Corporation (CEG).
- As of Oct 22, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and NPIFF's C (50/100).
- By SmarterDividends' count as of Oct 22, 2026, CEG has raised its dividend for 3 consecutive years and NPIFF for 0.
- As of Oct 22, 2026, CEG pays out 16% of its earnings as dividends and NPIFF pays out 121%.
- As of Oct 22, 2026, CEG's fair-value estimate is 1% below its share price and NPIFF's fair-value estimate is 130% above its share price, so NPIFF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs NPIFF: Dividend Yield, Safety & Value Compared," updated Oct 22, 2026, https://smarterdividends.com/compare/ceg-vs-npiff
| Metric | CEG | NPIFF |
|---|---|---|
| Forward yield | 0.63% | 3.20% |
| Annual dividend | $1.71 | $0.51 |
| Payout ratio | 16% | 121% |
| Years of growth | 3 yr | 0 yr |
| 5-yr dividend growth | — | -1.0% |
| 5-yr total return | 465% | -47% |
| Dividend safety score | 77 (B) | 50 (C) |
| Fair value estimate | $267.26 | $36.49 |
| Upside to fair value | -1% | +130% |
| Frequency | quarterly | monthly |
| Market cap | $95.9B | $4.1B |
| P/E ratio | 26.5 | — |
Higher yield
NPIFF
3.20%
Safer dividend
CEG
Grade B
Faster growth
NPIFF
-1.0%
Better value
NPIFF
+130% upside
CEG vs NPIFF — FAQ
Is CEG or NPIFF a better dividend stock?
On the data, CEG wins more head-to-head categories (5 vs 2). NPIFF offers the higher yield (3.20%), 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 NPIFF?
NPIFF has the higher forward dividend yield at 3.20%, versus 0.63% for CEG.
Is CEG or NPIFF safer?
CEG has the higher dividend-safety score (77/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or NPIFF better value right now?
As of Oct 22, 2026, NPIFF looks like the better value: its fair-value estimate is 130% above its share price (undervalued). For CEG, its fair-value estimate is 1% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.