SmarterDividends

NEE vs NWN: Which Is the Better Dividend Stock?

As of Oct 18, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NWN offers the higher yield at 4.08%, NEE 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: NEE vs NWN

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Northwest Natural Holding Company (NWN) has the higher forward dividend yield at 4.08%, versus 3.12% for NextEra Energy, Inc. (NEE).
  • As of Oct 18, 2026, SmarterDividends grades NEE's dividend safety A (90/100) and NWN's A (89/100).
  • By SmarterDividends' count as of Oct 18, 2026, NEE has raised its dividend for 30 consecutive years and NWN for 24.
  • As of Oct 18, 2026, NEE pays out 53% of its earnings as dividends and NWN pays out 65%.
  • As of Oct 18, 2026, NEE's fair-value estimate is 5% above its share price and NWN's fair-value estimate is 1% above its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NEE vs NWN: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nee-vs-nwn

MetricNEENWN
Forward yield3.12%4.08%
Annual dividend$2.49$2.00
Payout ratio53%65%
Years of growth30 yr24 yr
5-yr dividend growth10.1%0.5%
5-yr total return-8%14%
Dividend safety score90 (A)89 (A)
Fair value estimate$83.50$49.36
Upside to fair value+5%+1%
Frequencyquarterlyquarterly
Market cap$166.4B$2.1B
P/E ratio17.916.3

Higher yield

NWN

4.08%

Safer dividend

NEE

Grade A

Faster growth

NEE

10.1%

Better value

NEE

+5% upside

NEE vs NWN — FAQ

Is NEE or NWN a better dividend stock?

On the data, NEE wins more head-to-head categories (6 vs 2). NWN offers the higher yield (4.08%), 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, NEE or NWN?

NWN has the higher forward dividend yield at 4.08%, versus 3.12% for NEE.

Is NEE or NWN safer?

NEE has the higher dividend-safety score (90/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.

Is NEE or NWN better value right now?

As of Oct 18, 2026, NEE looks like the better value: its fair-value estimate is 5% above its share price (fairly valued). For NWN, its fair-value estimate is 1% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.