ED vs NEE: Which Is the Better Dividend Stock?
As of Oct 19, 2026, ED (Consolidated Edison, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ED offers the higher yield at 3.16%, ED has the higher dividend-safety score, and NEE looks like the better value (its fair-value estimate is 5% above its share price).
Key facts: ED vs NEE
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Consolidated Edison, Inc. (ED) has the higher forward dividend yield at 3.16%, versus 3.12% for NextEra Energy, Inc. (NEE).
- As of Oct 19, 2026, SmarterDividends grades ED's dividend safety A (92/100) and NEE's A (90/100).
- By SmarterDividends' count as of Oct 19, 2026, ED has raised its dividend for 44 consecutive years and NEE for 30.
- As of Oct 19, 2026, ED pays out 57% of its earnings as dividends and NEE pays out 53%.
- As of Oct 19, 2026, ED's fair-value estimate is 10% below its share price and NEE's fair-value estimate is 5% above its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ED vs NEE: Dividend Yield, Safety & Value Compared," updated Oct 19, 2026, https://smarterdividends.com/compare/ed-vs-nee
| Metric | ED | NEE |
|---|---|---|
| Forward yield | 3.16% | 3.12% |
| Annual dividend | $3.55 | $2.49 |
| Payout ratio | 57% | 53% |
| Years of growth | 44 yr | 30 yr |
| 5-yr dividend growth | 2.1% | 10.1% |
| 5-yr total return | 45% | -8% |
| Dividend safety score | 92 (A) | 90 (A) |
| Fair value estimate | $100.60 | $83.50 |
| Upside to fair value | -10% | +5% |
| Frequency | quarterly | quarterly |
| Market cap | $41.5B | $166.4B |
| P/E ratio | 18.5 | 17.9 |
Higher yield
ED
3.16%
Safer dividend
ED
Grade A
Faster growth
NEE
10.1%
Better value
NEE
+5% upside
ED vs NEE — FAQ
Is ED or NEE a better dividend stock?
On the data, ED wins more head-to-head categories (5 vs 3). ED offers the higher yield (3.16%), while ED has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ED or NEE?
ED has the higher forward dividend yield at 3.16%, versus 3.12% for NEE.
Is ED or NEE safer?
ED has the higher dividend-safety score (92/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is ED or NEE better value right now?
As of Oct 19, 2026, NEE looks like the better value: its fair-value estimate is 5% above its share price (fairly valued). For ED, its fair-value estimate is 10% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.