SmarterDividends

DUK vs FTS: Which Is the Better Dividend Stock?

As of Nov 13, 2026, DUK (Duke Energy Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. DUK offers the higher yield at 3.38%, DUK has the higher dividend-safety score, and DUK looks like the better value (its fair-value estimate is 10% below its share price).

Key facts: DUK vs FTS

Data as of · Source: SmarterDividends data

  • As of Nov 13, 2026, Duke Energy Corporation (DUK) has the higher forward dividend yield at 3.38%, versus 3.15% for Fortis Inc. (FTS).
  • As of Nov 13, 2026, SmarterDividends grades DUK's dividend safety A (92/100) and FTS's B (70/100).
  • By SmarterDividends' count as of Nov 13, 2026, DUK has raised its dividend for 21 consecutive years and FTS for 10.
  • As of Nov 13, 2026, DUK pays out 63% of its earnings as dividends and FTS pays out 73%.
  • As of Nov 13, 2026, DUK's fair-value estimate is 10% below its share price and FTS's fair-value estimate is 17% below its share price, so DUK looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DUK vs FTS: Dividend Yield, Safety & Value Compared," updated Nov 13, 2026, https://smarterdividends.com/compare/duk-vs-fts

MetricDUKFTS
Forward yield3.38%3.15%
Annual dividend$4.34$1.87
Payout ratio63%73%
Years of growth21 yr10 yr
5-yr dividend growth2.0%4.2%
5-yr total return33%38%
Dividend safety score92 (A)70 (B)
Fair value estimate$115.31$49.37
Upside to fair value-10%-17%
Frequencyquarterlyquarterly
Market cap$100.3B$30.5B
P/E ratio18.923.3

Higher yield

DUK

3.38%

Safer dividend

DUK

Grade A

Faster growth

FTS

4.2%

Better value

DUK

-10% upside

DUK vs FTS — FAQ

Is DUK or FTS a better dividend stock?

On the data, DUK wins more head-to-head categories (6 vs 2). DUK offers the higher yield (3.38%), 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 FTS?

DUK has the higher forward dividend yield at 3.38%, versus 3.15% for FTS.

Is DUK or FTS safer?

DUK has the higher dividend-safety score (92/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.

Is DUK or FTS better value right now?

As of Nov 13, 2026, DUK looks like the better value: its fair-value estimate is 10% below its share price (fairly valued). For FTS, its fair-value estimate is 17% below its share price.

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