EIX vs NEE: Which Is the Better Dividend Stock?
As of Oct 27, 2026, EIX and NEE are closely matched. EIX offers the higher yield at 6.07%, NEE has the higher dividend-safety score, and EIX looks like the better value (its fair-value estimate is 113% above its share price).
Key facts: EIX vs NEE
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Edison International (EIX) has the higher forward dividend yield at 6.07%, versus 3.04% for NextEra Energy, Inc. (NEE).
- As of Oct 27, 2026, SmarterDividends grades EIX's dividend safety A (84/100) and NEE's A (90/100).
- By SmarterDividends' count as of Oct 27, 2026, EIX has raised its dividend for 21 consecutive years and NEE for 30.
- As of Oct 27, 2026, EIX pays out 36% of its earnings as dividends and NEE pays out 44%.
- As of Oct 27, 2026, EIX's fair-value estimate is 113% above its share price and NEE's fair-value estimate is 16% above its share price, so EIX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "EIX vs NEE: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/eix-vs-nee
| Metric | EIX | NEE |
|---|---|---|
| Forward yield | 6.07% | 3.04% |
| Annual dividend | $3.51 | $2.49 |
| Payout ratio | 36% | 44% |
| Years of growth | 21 yr | 30 yr |
| 5-yr dividend growth | 5.1% | 10.1% |
| 5-yr total return | -12% | -5% |
| Dividend safety score | 84 (A) | 90 (A) |
| Fair value estimate | $122.95 | $94.84 |
| Upside to fair value | +113% | +16% |
| Frequency | quarterly | quarterly |
| Market cap | $22.2B | $172.1B |
| P/E ratio | 6.0 | 14.8 |
Higher yield
EIX
6.07%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
EIX
+113% upside
EIX vs NEE — FAQ
Is EIX or NEE a better dividend stock?
EIX and NEE are closely matched. EIX has the higher yield; NEE scores better on safety.
Which has a higher dividend yield, EIX or NEE?
EIX has the higher forward dividend yield at 6.07%, versus 3.04% for NEE.
Is EIX or NEE safer?
NEE has the higher dividend-safety score (90/100 vs 84/100), reflecting stronger payout coverage and dividend-growth history.
Is EIX or NEE better value right now?
As of Oct 27, 2026, EIX looks like the better value: its fair-value estimate is 113% above its share price (undervalued). For NEE, its fair-value estimate is 16% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.