DUK vs FE: Which Is the Better Dividend Stock?
As of Nov 5, 2026, DUK (Duke Energy Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. FE offers the higher yield at 3.94%, DUK has the higher dividend-safety score, and FE looks like the better value (its fair-value estimate is 3% above its share price).
Key facts: DUK vs FE
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, FirstEnergy Corp. (FE) has the higher forward dividend yield at 3.94%, versus 3.35% for Duke Energy Corporation (DUK).
- As of Nov 5, 2026, SmarterDividends grades DUK's dividend safety A (92/100) and FE's B (70/100).
- By SmarterDividends' count as of Nov 5, 2026, DUK has raised its dividend for 21 consecutive years and FE for 3.
- As of Nov 5, 2026, DUK pays out 64% of its earnings as dividends and FE pays out 88%.
- As of Nov 5, 2026, DUK's fair-value estimate is 9% below its share price and FE's fair-value estimate is 3% above its share price, so FE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DUK vs FE: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/duk-vs-fe
| Metric | DUK | FE |
|---|---|---|
| Forward yield | 3.35% | 3.94% |
| Annual dividend | $4.34 | $1.86 |
| Payout ratio | 64% | 88% |
| Years of growth | 21 yr | 3 yr |
| 5-yr dividend growth | 2.0% | 2.4% |
| 5-yr total return | 31% | 25% |
| Dividend safety score | 92 (A) | 70 (B) |
| Fair value estimate | $119.07 | $48.33 |
| Upside to fair value | -9% | +3% |
| Frequency | quarterly | quarterly |
| Market cap | $102.2B | $27.2B |
| P/E ratio | 19.7 | 22.7 |
Higher yield
FE
3.94%
Safer dividend
DUK
Grade A
Faster growth
FE
2.4%
Better value
FE
+3% upside
DUK vs FE — FAQ
Is DUK or FE a better dividend stock?
On the data, DUK wins more head-to-head categories (5 vs 3). FE offers the higher yield (3.94%), 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, DUK or FE?
FE has the higher forward dividend yield at 3.94%, versus 3.35% for DUK.
Is DUK or FE safer?
DUK has the higher dividend-safety score (92/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.
Is DUK or FE better value right now?
As of Nov 5, 2026, FE looks like the better value: its fair-value estimate is 3% above its share price (fairly valued). For DUK, its fair-value estimate is 9% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.