DUK vs MDU: Which Is the Better Dividend Stock?
As of September 2026, DUK (Duke Energy Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DUK offers the higher yield at 3.60%, DUK has the higher dividend-safety score, and DUK trades at the larger discount to fair value (+7%).
| Metric | DUK | MDU |
|---|---|---|
| Forward yield | 3.60% | 2.88% |
| Annual dividend | $4.34 | $0.57 |
| Payout ratio | 64% | 60% |
| Years of growth | 21 yr | 1 yr |
| 5-yr dividend growth | 2.0% | 11.2% |
| 5-yr total return | 23% | 73% |
| Dividend safety score | 92 (A) | 58 (C) |
| Fair value estimate | $128.37 | $20.32 |
| Upside to fair value | +7% | +4% |
| Frequency | quarterly | quarterly |
| Market cap | $93.1B | $4.0B |
| P/E ratio | 18.0 | 20.9 |
Higher yield
DUK
3.60%
Safer dividend
DUK
Grade A
Faster growth
MDU
11.2%
Better value
DUK
+7% upside
DUK vs MDU — FAQ
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