CEG vs UTL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, UTL (Unitil Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. UTL offers the higher yield at 3.51%, UTL has the higher dividend-safety score, and UTL looks like the better value (its fair-value estimate is 1% below its share price).
Key facts: CEG vs UTL
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Unitil Corporation (UTL) has the higher forward dividend yield at 3.51%, versus 0.63% for Constellation Energy Corporation (CEG).
- As of Oct 18, 2026, SmarterDividends grades CEG's dividend safety B (77/100) and UTL's A (90/100).
- By SmarterDividends' count as of Oct 18, 2026, CEG has raised its dividend for 3 consecutive years and UTL for 11.
- As of Oct 18, 2026, CEG pays out 16% of its earnings as dividends and UTL pays out 58%.
- As of Oct 18, 2026, CEG's fair-value estimate is 2% below its share price and UTL's fair-value estimate is 1% below its share price, so UTL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs UTL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ceg-vs-utl
| Metric | CEG | UTL |
|---|---|---|
| Forward yield | 0.63% | 3.51% |
| Annual dividend | $1.71 | $1.90 |
| Payout ratio | 16% | 58% |
| Years of growth | 3 yr | 11 yr |
| 5-yr dividend growth | — | 3.7% |
| 5-yr total return | 465% | 30% |
| Dividend safety score | 77 (B) | 90 (A) |
| Fair value estimate | $267.26 | $53.26 |
| Upside to fair value | -2% | -1% |
| Frequency | quarterly | quarterly |
| Market cap | $96.1B | $986.1M |
| P/E ratio | 26.5 | 17.1 |
Higher yield
UTL
3.51%
Safer dividend
UTL
Grade A
Faster growth
UTL
3.7%
Better value
UTL
-1% upside
CEG vs UTL — FAQ
Is CEG or UTL a better dividend stock?
On the data, UTL wins more head-to-head categories (5 vs 2). UTL offers the higher yield (3.51%), while UTL 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 UTL?
UTL has the higher forward dividend yield at 3.51%, versus 0.63% for CEG.
Is CEG or UTL safer?
UTL has the higher dividend-safety score (90/100 vs 77/100), reflecting stronger payout coverage and dividend-growth history.
Is CEG or UTL better value right now?
As of Oct 18, 2026, UTL looks like the better value: its fair-value estimate is 1% below its share price (fairly valued). For CEG, its fair-value estimate is 2% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.