SmarterDividends

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

As of Oct 27, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. CMS-PB offers the higher yield at 6.10%, NEE 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 NEE

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 3.04% for NextEra Energy, Inc. (NEE).
  • As of Oct 27, 2026, SmarterDividends grades CMS-PB's dividend safety A (89/100) and NEE's A (90/100).
  • By SmarterDividends' count as of Oct 27, 2026, CMS-PB has raised its dividend for 0 consecutive years and NEE for 30.
  • As of Oct 27, 2026, CMS-PB's fair-value estimate is 65% above its share price and NEE's fair-value estimate is 16% above 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 NEE: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cms-pb-vs-nee

MetricCMS-PBNEE
Forward yield6.10%3.04%
Annual dividend$4.50$2.49
Payout ratio—44%
Years of growth0 yr30 yr
5-yr dividend growth0.0%10.1%
5-yr total return-33%-5%
Dividend safety score89 (A)90 (A)
Fair value estimate$121.32$94.84
Upside to fair value+65%+16%
Frequencyquarterlyquarterly
Market cap—$172.1B
P/E ratio6.814.8

Higher yield

CMS-PB

6.10%

Safer dividend

NEE

Grade A

Faster growth

NEE

10.1%

Better value

CMS-PB

+65% upside

CMS-PB vs NEE — FAQ

Is CMS-PB or NEE a better dividend stock?

On the data, NEE wins more head-to-head categories (4 vs 3). CMS-PB offers the higher yield (6.10%), while NEE 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 NEE?

CMS-PB has the higher forward dividend yield at 6.10%, versus 3.04% for NEE.

Is CMS-PB or NEE safer?

NEE has the higher dividend-safety score (90/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.

Is CMS-PB or NEE 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 NEE, its fair-value estimate is 16% above its share price.

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