MDU vs NEE: Which Is the Better Dividend Stock?
As of Oct 29, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NEE offers the higher yield at 3.02%, NEE has the higher dividend-safety score, and NEE looks like the better value (its fair-value estimate is 17% above its share price).
Key facts: MDU vs NEE
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, NextEra Energy, Inc. (NEE) has the higher forward dividend yield at 3.02%, versus 2.88% for MDU Resources Group, Inc. (MDU).
- As of Oct 29, 2026, SmarterDividends grades MDU's dividend safety C (61/100) and NEE's A (90/100).
- By SmarterDividends' count as of Oct 29, 2026, MDU has raised its dividend for 1 consecutive years and NEE for 30.
- As of Oct 29, 2026, MDU pays out 60% of its earnings as dividends and NEE pays out 44%.
- As of Oct 29, 2026, MDU's fair-value estimate is 1% above its share price and NEE's fair-value estimate is 17% above its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MDU vs NEE: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/mdu-vs-nee
| Metric | MDU | NEE |
|---|---|---|
| Forward yield | 2.88% | 3.02% |
| Annual dividend | $0.57 | $2.49 |
| Payout ratio | 60% | 44% |
| Years of growth | 1 yr | 30 yr |
| 5-yr dividend growth | 11.2% | 10.1% |
| 5-yr total return | 86% | -5% |
| Dividend safety score | 61 (C) | 90 (A) |
| Fair value estimate | $19.66 | $94.84 |
| Upside to fair value | +1% | +17% |
| Frequency | quarterly | quarterly |
| Market cap | $4.1B | $169.9B |
| P/E ratio | 20.7 | 14.6 |
Higher yield
NEE
3.02%
Safer dividend
NEE
Grade A
Faster growth
MDU
11.2%
Better value
NEE
+17% upside
MDU vs NEE — FAQ
Is MDU or NEE a better dividend stock?
On the data, NEE wins more head-to-head categories (6 vs 2). NEE offers the higher yield (3.02%), 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, MDU or NEE?
NEE has the higher forward dividend yield at 3.02%, versus 2.88% for MDU.
Is MDU or NEE safer?
NEE has the higher dividend-safety score (90/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.
Is MDU or NEE better value right now?
As of Oct 29, 2026, NEE looks like the better value: its fair-value estimate is 17% above its share price (undervalued). For MDU, its fair-value estimate is 1% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.