DUK vs NEE: Which Is the Better Dividend Stock?
As of Oct 22, 2026, DUK and NEE are closely matched. DUK offers the higher yield at 3.60%, DUK has the higher dividend-safety score, and NEE looks like the better value (its fair-value estimate is 7% above its share price).
Key facts: DUK vs NEE
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, Duke Energy Corporation (DUK) has the higher forward dividend yield at 3.60%, versus 3.18% for NextEra Energy, Inc. (NEE).
- As of Oct 22, 2026, SmarterDividends grades DUK's dividend safety A (92/100) and NEE's A (90/100).
- By SmarterDividends' count as of Oct 22, 2026, DUK has raised its dividend for 21 consecutive years and NEE for 30.
- As of Oct 22, 2026, DUK pays out 64% of its earnings as dividends and NEE pays out 53%.
- As of Oct 22, 2026, DUK's fair-value estimate is 1% below its share price and NEE's fair-value estimate is 7% above its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DUK vs NEE: Dividend Yield, Safety & Value Compared," updated Oct 22, 2026, https://smarterdividends.com/compare/duk-vs-nee
| Metric | DUK | NEE |
|---|---|---|
| Forward yield | 3.60% | 3.18% |
| Annual dividend | $4.34 | $2.49 |
| Payout ratio | 64% | 53% |
| Years of growth | 21 yr | 30 yr |
| 5-yr dividend growth | 2.0% | 10.1% |
| 5-yr total return | 25% | -8% |
| Dividend safety score | 92 (A) | 90 (A) |
| Fair value estimate | $119.84 | $83.50 |
| Upside to fair value | -1% | +7% |
| Frequency | quarterly | quarterly |
| Market cap | $94.1B | $163.3B |
| P/E ratio | 18.2 | 17.6 |
Higher yield
DUK
3.60%
Safer dividend
DUK
Grade A
Faster growth
NEE
10.1%
Better value
NEE
+7% upside
DUK vs NEE — FAQ
Is DUK or NEE a better dividend stock?
DUK and NEE are closely matched. DUK has the higher yield; DUK scores better on safety.
Which has a higher dividend yield, DUK or NEE?
DUK has the higher forward dividend yield at 3.60%, versus 3.18% for NEE.
Is DUK or NEE safer?
DUK has the higher dividend-safety score (92/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is DUK or NEE better value right now?
As of Oct 22, 2026, NEE looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For DUK, its fair-value estimate is 1% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.