DUK vs PPL: Which Is the Better Dividend Stock?
As of Nov 5, 2026, DUK (Duke Energy Corporation) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. DUK offers the higher yield at 3.35%, DUK has the higher dividend-safety score, and PPL looks like the better value (its fair-value estimate is 5% below its share price).
Key facts: DUK vs PPL
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Duke Energy Corporation (DUK) has the higher forward dividend yield at 3.35%, versus 3.19% for PPL Corporation (PPL).
- As of Nov 5, 2026, SmarterDividends grades DUK's dividend safety A (92/100) and PPL's C (65/100).
- By SmarterDividends' count as of Nov 5, 2026, DUK has raised its dividend for 21 consecutive years and PPL for 3.
- As of Nov 5, 2026, DUK pays out 64% of its earnings as dividends and PPL pays out 66%.
- As of Nov 5, 2026, DUK's fair-value estimate is 9% below its share price and PPL's fair-value estimate is 5% below its share price, so PPL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DUK vs PPL: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/duk-vs-ppl
| Metric | DUK | PPL |
|---|---|---|
| Forward yield | 3.35% | 3.19% |
| Annual dividend | $4.34 | $1.14 |
| Payout ratio | 64% | 66% |
| Years of growth | 21 yr | 3 yr |
| 5-yr dividend growth | 2.0% | -8.0% |
| 5-yr total return | 31% | 28% |
| Dividend safety score | 92 (A) | 65 (C) |
| Fair value estimate | $119.07 | $33.93 |
| Upside to fair value | -9% | -5% |
| Frequency | quarterly | quarterly |
| Market cap | $102.2B | $26.8B |
| P/E ratio | 19.7 | 21.1 |
Higher yield
DUK
3.35%
Safer dividend
DUK
Grade A
Faster growth
DUK
2.0%
Better value
PPL
-5% upside
DUK vs PPL — FAQ
Is DUK or PPL a better dividend stock?
On the data, DUK wins more head-to-head categories (7 vs 1). DUK offers the higher yield (3.35%), 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 PPL?
DUK has the higher forward dividend yield at 3.35%, versus 3.19% for PPL.
Is DUK or PPL safer?
DUK has the higher dividend-safety score (92/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.
Is DUK or PPL better value right now?
As of Nov 5, 2026, PPL looks like the better value: its fair-value estimate is 5% below its share price (fairly valued). For DUK, its fair-value estimate is 9% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.