SmarterDividends

DTE vs NEE: Which Is the Better Dividend Stock?

As of Nov 8, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DTE offers the higher yield at 3.45%, NEE has the higher dividend-safety score, and NEE looks like the better value (its fair-value estimate is 10% above its share price).

Key facts: DTE vs NEE

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, DTE Energy Company (DTE) has the higher forward dividend yield at 3.45%, versus 2.87% for NextEra Energy, Inc. (NEE).
  • As of Nov 8, 2026, SmarterDividends grades DTE's dividend safety A (85/100) and NEE's A (90/100).
  • By SmarterDividends' count as of Nov 8, 2026, DTE has raised its dividend for 16 consecutive years and NEE for 30.
  • As of Nov 8, 2026, DTE pays out 71% of its earnings as dividends and NEE pays out 44%.
  • As of Nov 8, 2026, DTE's fair-value estimate is 16% below its share price and NEE's fair-value estimate is 10% above its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DTE vs NEE: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/dte-vs-nee

MetricDTENEE
Forward yield3.45%2.87%
Annual dividend$4.66$2.49
Payout ratio71%44%
Years of growth16 yr30 yr
5-yr dividend growth4.8%10.1%
5-yr total return25%0%
Dividend safety score85 (A)90 (A)
Fair value estimate$113.82$95.45
Upside to fair value-16%+10%
Frequencyquarterlyquarterly
Market cap$28.1B$182.4B
P/E ratio20.615.7

Higher yield

DTE

3.45%

Safer dividend

NEE

Grade A

Faster growth

NEE

10.1%

Better value

NEE

+10% upside

DTE vs NEE — FAQ

Is DTE or NEE a better dividend stock?

On the data, NEE wins more head-to-head categories (5 vs 3). DTE offers the higher yield (3.45%), 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, DTE or NEE?

DTE has the higher forward dividend yield at 3.45%, versus 2.87% for NEE.

Is DTE or NEE safer?

NEE has the higher dividend-safety score (90/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.

Is DTE or NEE better value right now?

As of Nov 8, 2026, NEE looks like the better value: its fair-value estimate is 10% above its share price (fairly valued). For DTE, its fair-value estimate is 16% below its share price.

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