CEG vs POR: Which Is the Better Dividend Stock?
As of Nov 8, 2026, POR (Portland General Electric Company) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. POR offers the higher yield at 4.80%, POR has the higher dividend-safety score, and POR looks like the better value (its fair-value estimate is 23% above its share price).
Key facts: CEG vs POR
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Portland General Electric Company (POR) has the higher forward dividend yield at 4.80%, versus 0.68% for Constellation Energy Corporation (CEG).
- As of Nov 8, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and POR's A (82/100).
- By SmarterDividends' count as of Nov 8, 2026, CEG has raised its dividend for 3 consecutive years and POR for 19.
- As of Nov 8, 2026, CEG pays out 16% of its earnings as dividends and POR pays out 92%.
- As of Nov 8, 2026, CEG's fair-value estimate is 5% above its share price and POR's fair-value estimate is 23% above its share price, so POR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs POR: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/ceg-vs-por
| Metric | CEG | POR |
|---|---|---|
| Forward yield | 0.68% | 4.80% |
| Annual dividend | $1.71 | $2.21 |
| Payout ratio | 16% | 92% |
| Years of growth | 3 yr | 19 yr |
| 5-yr dividend growth | — | 5.5% |
| 5-yr total return | 421% | -6% |
| Dividend safety score | 77 (B) | 82 (A) |
| Fair value estimate | $261.52 | $56.49 |
| Upside to fair value | +5% | +23% |
| Frequency | quarterly | quarterly |
| Market cap | $88.6B | $5.5B |
| P/E ratio | 24.4 | 19.6 |
Higher yield
POR
4.80%
Safer dividend
POR
Grade A
Faster growth
POR
5.5%
Better value
POR
+23% upside
CEG vs POR — FAQ
Is CEG or POR a better dividend stock?
On the data, POR wins more head-to-head categories (5 vs 2). POR offers the higher yield (4.80%), while POR 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 POR?
POR has the higher forward dividend yield at 4.80%, versus 0.68% for CEG.
Is CEG or POR safer?
POR has the higher dividend-safety score (82/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or POR better value right now?
As of Nov 8, 2026, POR looks like the better value: its fair-value estimate is 23% above its share price (undervalued). For CEG, its fair-value estimate is 5% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.