CEG vs SR: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SR (Spire Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. SR offers the higher yield at 4.02%, SR has the higher dividend-safety score, and SR looks like the better value (its fair-value estimate is 13% above its share price).
Key facts: CEG vs SR
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Spire Inc. (SR) has the higher forward dividend yield at 4.02%, versus 0.63% for Constellation Energy Corporation (CEG).
- As of Oct 18, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and SR's A (88/100).
- By SmarterDividends' count as of Oct 18, 2026, CEG has raised its dividend for 3 consecutive years and SR for 22.
- As of Oct 18, 2026, CEG pays out 16% of its earnings as dividends and SR pays out 72%.
- As of Oct 18, 2026, CEG's fair-value estimate is 2% below its share price and SR's fair-value estimate is 13% above its share price, so SR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs SR: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ceg-vs-sr
| Metric | CEG | SR |
|---|---|---|
| Forward yield | 0.63% | 4.02% |
| Annual dividend | $1.71 | $3.30 |
| Payout ratio | 16% | 72% |
| Years of growth | 3 yr | 22 yr |
| 5-yr dividend growth | — | 4.8% |
| 5-yr total return | 465% | 37% |
| Dividend safety score | 77 (B) | 88 (A) |
| Fair value estimate | $267.26 | $92.62 |
| Upside to fair value | -2% | +13% |
| Frequency | quarterly | quarterly |
| Market cap | $96.1B | $4.8B |
| P/E ratio | 26.5 | 23.8 |
Higher yield
SR
4.02%
Safer dividend
SR
Grade A
Faster growth
SR
4.8%
Better value
SR
+13% upside
CEG vs SR — FAQ
Is CEG or SR a better dividend stock?
On the data, SR wins more head-to-head categories (5 vs 2). SR offers the higher yield (4.02%), while SR 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 SR?
SR has the higher forward dividend yield at 4.02%, versus 0.63% for CEG.
Is CEG or SR safer?
SR has the higher dividend-safety score (88/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or SR better value right now?
As of Oct 18, 2026, SR looks like the better value: its fair-value estimate is 13% above its share price (fairly valued). For CEG, its fair-value estimate is 2% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.