DUK vs NGG: Which Is the Better Dividend Stock?
As of Oct 18, 2026, DUK (Duke Energy Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NGG offers the higher yield at 3.99%, DUK has the higher dividend-safety score, and NGG looks like the better value (its fair-value estimate is 23% above its share price).
Key facts: DUK vs NGG
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, National Grid plc (NGG) has the higher forward dividend yield at 3.99%, versus 3.57% for Duke Energy Corporation (DUK).
- As of Oct 18, 2026, SmarterDividends grades DUK's dividend safety A (92/100) and NGG's C (51/100).
- By SmarterDividends' count as of Oct 18, 2026, DUK has raised its dividend for 21 consecutive years and NGG for 0.
- As of Oct 18, 2026, DUK pays out 64% of its earnings as dividends and NGG pays out 72%.
- As of Oct 18, 2026, DUK's fair-value estimate is 1% below its share price and NGG's fair-value estimate is 23% above its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DUK vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/duk-vs-ngg
| Metric | DUK | NGG |
|---|---|---|
| Forward yield | 3.57% | 3.99% |
| Annual dividend | $4.34 | $3.24 |
| Payout ratio | 64% | 72% |
| Years of growth | 21 yr | 0 yr |
| 5-yr dividend growth | 2.0% | -0.1% |
| 5-yr total return | 25% | 23% |
| Dividend safety score | 92 (A) | 51 (C) |
| Fair value estimate | $119.84 | $100.02 |
| Upside to fair value | -1% | +23% |
| Frequency | quarterly | semiannual |
| Market cap | $94.7B | $81.7B |
| P/E ratio | 18.3 | 18.5 |
Higher yield
NGG
3.99%
Safer dividend
DUK
Grade A
Faster growth
DUK
2.0%
Better value
NGG
+23% upside
DUK vs NGG — FAQ
Is DUK or NGG a better dividend stock?
On the data, DUK wins more head-to-head categories (6 vs 2). NGG offers the higher yield (3.99%), 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 NGG?
NGG has the higher forward dividend yield at 3.99%, versus 3.57% for DUK.
Is DUK or NGG safer?
DUK has the higher dividend-safety score (92/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is DUK or NGG better value right now?
As of Oct 18, 2026, NGG looks like the better value: its fair-value estimate is 23% above its share price (undervalued). 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.