SmarterDividends

CMS-PB vs DUK: Which Is the Better Dividend Stock?

As of Oct 27, 2026, DUK (Duke Energy Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. CMS-PB offers the higher yield at 6.10%, DUK has the higher dividend-safety score, and CMS-PB looks like the better value (its fair-value estimate is 65% above its share price).

Key facts: CMS-PB vs DUK

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Consumers Energy Company (CMS-PB) has the higher forward dividend yield at 6.10%, versus 3.49% for Duke Energy Corporation (DUK).
  • As of Oct 27, 2026, SmarterDividends grades CMS-PB's dividend safety A (89/100) and DUK's A (92/100).
  • By SmarterDividends' count as of Oct 27, 2026, CMS-PB has raised its dividend for 0 consecutive years and DUK for 21.
  • As of Oct 27, 2026, CMS-PB's fair-value estimate is 65% above its share price and DUK's fair-value estimate is 4% below its share price, so CMS-PB looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CMS-PB vs DUK: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cms-pb-vs-duk

MetricCMS-PBDUK
Forward yield6.10%3.49%
Annual dividend$4.50$4.34
Payout ratio—64%
Years of growth0 yr21 yr
5-yr dividend growth0.0%2.0%
5-yr total return-33%29%
Dividend safety score89 (A)92 (A)
Fair value estimate$121.32$119.77
Upside to fair value+65%-4%
Frequencyquarterlyquarterly
Market cap—$97.0B
P/E ratio6.818.7

Higher yield

CMS-PB

6.10%

Safer dividend

DUK

Grade A

Faster growth

DUK

2.0%

Better value

CMS-PB

+65% upside

CMS-PB vs DUK — FAQ

Is CMS-PB or DUK a better dividend stock?

On the data, DUK wins more head-to-head categories (4 vs 3). CMS-PB offers the higher yield (6.10%), while DUK has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, CMS-PB or DUK?

CMS-PB has the higher forward dividend yield at 6.10%, versus 3.49% for DUK.

Is CMS-PB or DUK safer?

DUK has the higher dividend-safety score (92/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.

Is CMS-PB or DUK better value right now?

As of Oct 27, 2026, CMS-PB looks like the better value: its fair-value estimate is 65% above its share price (undervalued). For DUK, its fair-value estimate is 4% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.