LNT vs NEE: Which Is the Better Dividend Stock?
As of Nov 5, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. LNT offers the higher yield at 2.90%, NEE has the higher dividend-safety score, and NEE looks like the better value (its fair-value estimate is 8% above its share price).
Key facts: LNT vs NEE
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Alliant Energy Corporation (LNT) has the higher forward dividend yield at 2.90%, versus 2.82% for NextEra Energy, Inc. (NEE).
- As of Nov 5, 2026, SmarterDividends grades LNT's dividend safety A (87/100) and NEE's A (90/100).
- By SmarterDividends' count as of Nov 5, 2026, LNT has raised its dividend for 22 consecutive years and NEE for 30.
- As of Nov 5, 2026, LNT pays out 59% of its earnings as dividends and NEE pays out 44%.
- As of Nov 5, 2026, LNT's fair-value estimate is 7% below its share price and NEE's fair-value estimate is 8% above its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LNT vs NEE: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/lnt-vs-nee
| Metric | LNT | NEE |
|---|---|---|
| Forward yield | 2.90% | 2.82% |
| Annual dividend | $2.14 | $2.49 |
| Payout ratio | 59% | 44% |
| Years of growth | 22 yr | 30 yr |
| 5-yr dividend growth | 5.9% | 10.1% |
| 5-yr total return | 31% | -4% |
| Dividend safety score | 87 (A) | 90 (A) |
| Fair value estimate | $68.59 | $94.96 |
| Upside to fair value | -7% | +8% |
| Frequency | quarterly | quarterly |
| Market cap | $19.1B | $184.7B |
| P/E ratio | 20.5 | 15.9 |
Higher yield
LNT
2.90%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
NEE
+8% upside
LNT vs NEE — FAQ
Is LNT or NEE a better dividend stock?
On the data, NEE wins more head-to-head categories (6 vs 2). LNT offers the higher yield (2.90%), while NEE has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, LNT or NEE?
LNT has the higher forward dividend yield at 2.90%, versus 2.82% for NEE.
Is LNT or NEE safer?
NEE has the higher dividend-safety score (90/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.
Is LNT or NEE better value right now?
As of Nov 5, 2026, NEE looks like the better value: its fair-value estimate is 8% above its share price (fairly valued). For LNT, its fair-value estimate is 7% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.