DUK vs SR: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SR (Spire Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SR offers the higher yield at 4.02%, DUK has the higher dividend-safety score, and SR looks like the better value (its fair-value estimate is 13% above its share price).
Key facts: DUK vs SR
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Spire Inc. (SR) has the higher forward dividend yield at 4.02%, versus 3.57% for Duke Energy Corporation (DUK).
- As of Oct 18, 2026, SmarterDividends grades DUK's dividend safety A (92/100) and SR's A (88/100).
- By SmarterDividends' count as of Oct 18, 2026, DUK has raised its dividend for 21 consecutive years and SR for 22.
- As of Oct 18, 2026, DUK pays out 64% of its earnings as dividends and SR pays out 72%.
- As of Oct 18, 2026, DUK's fair-value estimate is 1% below its share price and SR's fair-value estimate is 13% above its share price, so SR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DUK vs SR: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/duk-vs-sr
| Metric | DUK | SR |
|---|---|---|
| Forward yield | 3.57% | 4.02% |
| Annual dividend | $4.34 | $3.30 |
| Payout ratio | 64% | 72% |
| Years of growth | 21 yr | 22 yr |
| 5-yr dividend growth | 2.0% | 4.8% |
| 5-yr total return | 25% | 37% |
| Dividend safety score | 92 (A) | 88 (A) |
| Fair value estimate | $119.84 | $92.62 |
| Upside to fair value | -1% | +13% |
| Frequency | quarterly | quarterly |
| Market cap | $94.7B | $4.8B |
| P/E ratio | 18.3 | 23.8 |
Higher yield
SR
4.02%
Safer dividend
DUK
Grade A
Faster growth
SR
4.8%
Better value
SR
+13% upside
DUK vs SR — FAQ
Is DUK or SR a better dividend stock?
On the data, SR wins more head-to-head categories (5 vs 3). SR offers the higher yield (4.02%), 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 SR?
SR has the higher forward dividend yield at 4.02%, versus 3.57% for DUK.
Is DUK or SR safer?
DUK has the higher dividend-safety score (92/100 vs 88/100), reflecting stronger payout coverage and dividend-growth history.
Is DUK or SR better value right now?
As of Oct 18, 2026, SR looks like the better value: its fair-value estimate is 13% above its share price (fairly valued). 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.