SmarterDividends

CEG vs OGS: Which Is the Better Dividend Stock?

As of July 2026, OGS (ONE Gas, Inc.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. OGS offers the higher yield at 3.42%, OGS has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+61%).

MetricCEGOGS
Forward yield0.67%3.42%
Annual dividend$1.71$2.72
Payout ratio14%61%
Years of growth3 yr11 yr
5-yr dividend growth4.4%
5-yr total return11%
Dividend safety score75 (B)84 (A)
Fair value estimate$406.21$104.13
Upside to fair value+61%+31%
Frequencyquarterlyquarterly
Market cap$93.6B$4.9B
P/E ratio22.017.9

Higher yield

OGS

3.42%

Safer dividend

OGS

Grade A

Faster growth

OGS

4.4%

Better value

CEG

+61% upside

CEG vs OGS — FAQ

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