DUK vs MGEE: Which Is the Better Dividend Stock?
As of September 2026, DUK and MGEE are closely matched. DUK offers the higher yield at 3.69%, MGEE has the higher dividend-safety score, and DUK trades at the larger discount to fair value (+9%).
| Metric | DUK | MGEE |
|---|---|---|
| Forward yield | 3.69% | 2.74% |
| Annual dividend | $4.34 | $2.03 |
| Payout ratio | 64% | 47% |
| Years of growth | 21 yr | 38 yr |
| 5-yr dividend growth | 2.0% | 5.1% |
| 5-yr total return | 15% | -2% |
| Dividend safety score | 92 (A) | 93 (A) |
| Fair value estimate | $128.37 | $61.82 |
| Upside to fair value | +9% | -17% |
| Frequency | quarterly | quarterly |
| Market cap | $91.6B | $2.8B |
| P/E ratio | 17.7 | 18.2 |
Higher yield
DUK
3.69%
Safer dividend
MGEE
Grade A
Faster growth
MGEE
5.1%
Better value
DUK
+9% upside
DUK vs MGEE — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.