DUK vs SPH: Which Is the Better Dividend Stock?
As of September 2026, DUK (Duke Energy Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. SPH offers the higher yield at 7.48%, DUK has the higher dividend-safety score, and SPH trades at the larger discount to fair value (+50%).
| Metric | DUK | SPH |
|---|---|---|
| Forward yield | 3.64% | 7.48% |
| Annual dividend | $4.34 | $1.30 |
| Payout ratio | 64% | 67% |
| Years of growth | 21 yr | 0 yr |
| 5-yr dividend growth | 2.0% | -6.3% |
| 5-yr total return | 22% | 11% |
| Dividend safety score | 92 (A) | 60 (C) |
| Fair value estimate | $128.37 | $26.23 |
| Upside to fair value | +7% | +50% |
| Frequency | quarterly | quarterly |
| Market cap | $93.1B | $1.1B |
| P/E ratio | 18.0 | 9.0 |
Higher yield
SPH
7.48%
Safer dividend
DUK
Grade A
Faster growth
DUK
2.0%
Better value
SPH
+50% upside
DUK vs SPH — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


