SmarterDividends

DUK vs ES: Which Is the Better Dividend Stock?

As of Nov 5, 2026, DUK and ES are closely matched. ES offers the higher yield at 4.47%, DUK has the higher dividend-safety score, and ES looks like the better value (its fair-value estimate is 5% above its share price).

Key facts: DUK vs ES

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Eversource Energy (ES) has the higher forward dividend yield at 4.47%, versus 3.35% for Duke Energy Corporation (DUK).
  • As of Nov 5, 2026, SmarterDividends grades DUK's dividend safety A (92/100) and ES's A (82/100).
  • By SmarterDividends' count as of Nov 5, 2026, DUK has raised its dividend for 21 consecutive years and ES for 25.
  • As of Nov 5, 2026, DUK pays out 64% of its earnings as dividends and ES pays out 65%.
  • As of Nov 5, 2026, DUK's fair-value estimate is 9% below its share price and ES's fair-value estimate is 5% above its share price, so ES looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DUK vs ES: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/duk-vs-es

MetricDUKES
Forward yield3.35%4.47%
Annual dividend$4.34$3.15
Payout ratio64%65%
Years of growth21 yr25 yr
5-yr dividend growth2.0%5.8%
5-yr total return31%-17%
Dividend safety score92 (A)82 (A)
Fair value estimate$119.07$75.12
Upside to fair value-9%+5%
Frequencyquarterlyquarterly
Market cap$102.2B$27.0B
P/E ratio19.718.6

Higher yield

ES

4.47%

Safer dividend

DUK

Grade A

Faster growth

ES

5.8%

Better value

ES

+5% upside

DUK vs ES — FAQ

Is DUK or ES a better dividend stock?

DUK and ES are closely matched. ES has the higher yield; DUK scores better on safety.

Which has a higher dividend yield, DUK or ES?

ES has the higher forward dividend yield at 4.47%, versus 3.35% for DUK.

Is DUK or ES safer?

DUK has the higher dividend-safety score (92/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.

Is DUK or ES better value right now?

As of Nov 5, 2026, ES looks like the better value: its fair-value estimate is 5% above its share price (fairly valued). For DUK, its fair-value estimate is 9% below its share price.

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