DUK vs OGS: Which Is the Better Dividend Stock?
As of Oct 18, 2026, DUK and OGS are closely matched. OGS offers the higher yield at 3.60%, DUK has the higher dividend-safety score, and OGS looks like the better value (its fair-value estimate is 42% above its share price).
Key facts: DUK vs OGS
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, ONE Gas, Inc. (OGS) has the higher forward dividend yield at 3.60%, versus 3.57% for Duke Energy Corporation (DUK).
- As of Oct 18, 2026, SmarterDividends grades DUK's dividend safety A (92/100) and OGS's A (85/100).
- By SmarterDividends' count as of Oct 18, 2026, DUK has raised its dividend for 21 consecutive years and OGS for 11.
- As of Oct 18, 2026, DUK pays out 64% of its earnings as dividends and OGS pays out 58%.
- As of Oct 18, 2026, DUK's fair-value estimate is 1% below its share price and OGS's fair-value estimate is 42% above its share price, so OGS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DUK vs OGS: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/duk-vs-ogs
| Metric | DUK | OGS |
|---|---|---|
| Forward yield | 3.57% | 3.60% |
| Annual dividend | $4.34 | $2.72 |
| Payout ratio | 64% | 58% |
| Years of growth | 21 yr | 11 yr |
| 5-yr dividend growth | 2.0% | 4.4% |
| 5-yr total return | 25% | 17% |
| Dividend safety score | 92 (A) | 85 (A) |
| Fair value estimate | $119.84 | $107.06 |
| Upside to fair value | -1% | +42% |
| Frequency | quarterly | quarterly |
| Market cap | $94.7B | $4.8B |
| P/E ratio | 18.3 | 16.3 |
Higher yield
OGS
3.60%
Safer dividend
DUK
Grade A
Faster growth
OGS
4.4%
Better value
OGS
+42% upside
DUK vs OGS — FAQ
Is DUK or OGS a better dividend stock?
DUK and OGS are closely matched. OGS has the higher yield; DUK scores better on safety.
Which has a higher dividend yield, DUK or OGS?
OGS has the higher forward dividend yield at 3.60%, versus 3.57% for DUK.
Is DUK or OGS safer?
DUK has the higher dividend-safety score (92/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is DUK or OGS better value right now?
As of Oct 18, 2026, OGS looks like the better value: its fair-value estimate is 42% above its share price (undervalued). For DUK, its fair-value estimate is 1% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.