NEE vs OGE: Which Is the Better Dividend Stock?
As of September 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. OGE offers the higher yield at 3.74%, NEE has the higher dividend-safety score, and OGE trades at the larger discount to fair value (+13%).
| Metric | NEE | OGE |
|---|---|---|
| Forward yield | 3.10% | 3.74% |
| Annual dividend | $2.49 | $1.70 |
| Payout ratio | 53% | 75% |
| Years of growth | 30 yr | 19 yr |
| 5-yr dividend growth | 10.1% | 1.5% |
| 5-yr total return | -6% | 34% |
| Dividend safety score | 90 (A) | 90 (A) |
| Fair value estimate | $83.06 | $51.41 |
| Upside to fair value | +3% | +13% |
| Frequency | quarterly | quarterly |
| Market cap | $167.8B | $9.4B |
| P/E ratio | 18.1 | 20.0 |
Higher yield
OGE
3.74%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
OGE
+13% upside
NEE vs OGE — FAQ
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