DUK vs PEG: Which Is the Better Dividend Stock?
As of Nov 5, 2026, DUK (Duke Energy Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. PEG offers the higher yield at 3.66%, DUK has the higher dividend-safety score, and PEG looks like the better value (its fair-value estimate is 5% above its share price).
Key facts: DUK vs PEG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Public Service Enterprise Group Incorporated (PEG) has the higher forward dividend yield at 3.66%, versus 3.35% for Duke Energy Corporation (DUK).
- As of Nov 5, 2026, SmarterDividends grades DUK's dividend safety A (92/100) and PEG's A (92/100).
- By SmarterDividends' count as of Nov 5, 2026, DUK has raised its dividend for 21 consecutive years and PEG for 14.
- As of Nov 5, 2026, DUK pays out 64% of its earnings as dividends and PEG pays out 75%.
- As of Nov 5, 2026, DUK's fair-value estimate is 9% below its share price and PEG's fair-value estimate is 5% above its share price, so PEG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DUK vs PEG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/duk-vs-peg
| Metric | DUK | PEG |
|---|---|---|
| Forward yield | 3.35% | 3.66% |
| Annual dividend | $4.34 | $2.68 |
| Payout ratio | 64% | 75% |
| Years of growth | 21 yr | 14 yr |
| 5-yr dividend growth | 2.0% | 5.2% |
| 5-yr total return | 31% | 19% |
| Dividend safety score | 92 (A) | 92 (A) |
| Fair value estimate | $119.07 | $76.28 |
| Upside to fair value | -9% | +5% |
| Frequency | quarterly | quarterly |
| Market cap | $102.2B | $36.1B |
| P/E ratio | 19.7 | 20.5 |
Higher yield
PEG
3.66%
Safer dividend
DUK
Grade A
Faster growth
PEG
5.2%
Better value
PEG
+5% upside
DUK vs PEG — FAQ
Is DUK or PEG a better dividend stock?
On the data, DUK wins more head-to-head categories (4 vs 3). PEG offers the higher yield (3.66%), 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 PEG?
PEG has the higher forward dividend yield at 3.66%, versus 3.35% for DUK.
Is DUK or PEG safer?
DUK has the higher dividend-safety score (92/100 vs 92/100), reflecting stronger payout coverage and dividend-growth history.
Is DUK or PEG better value right now?
As of Nov 5, 2026, PEG looks like the better value: its fair-value estimate is 5% above its share price (fairly valued). For DUK, its fair-value estimate is 9% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.