NEE vs PCG: Which Is the Better Dividend Stock?
As of Nov 5, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. NEE offers the higher yield at 2.82%, NEE has the higher dividend-safety score, and PCG looks like the better value (its fair-value estimate is 38% above its share price).
Key facts: NEE vs PCG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, NextEra Energy, Inc. (NEE) has the higher forward dividend yield at 2.82%, versus 1.49% for PG&E Corporation (PCG).
- As of Nov 5, 2026, SmarterDividends grades NEE's dividend safety A (90/100) and PCG's C (53/100).
- By SmarterDividends' count as of Nov 5, 2026, NEE has raised its dividend for 30 consecutive years and PCG for 1.
- As of Nov 5, 2026, NEE pays out 44% of its earnings as dividends and PCG pays out 15%.
- As of Nov 5, 2026, NEE's fair-value estimate is 8% above its share price and PCG's fair-value estimate is 38% above its share price, so PCG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NEE vs PCG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/nee-vs-pcg
| Metric | NEE | PCG |
|---|---|---|
| Forward yield | 2.82% | 1.49% |
| Annual dividend | $2.49 | $0.20 |
| Payout ratio | 44% | 15% |
| Years of growth | 30 yr | 1 yr |
| 5-yr dividend growth | 10.1% | — |
| 5-yr total return | -4% | 11% |
| Dividend safety score | 90 (A) | 53 (C) |
| Fair value estimate | $94.96 | $18.22 |
| Upside to fair value | +8% | +38% |
| Frequency | quarterly | quarterly |
| Market cap | $184.7B | $39.5B |
| P/E ratio | 15.9 | 9.7 |
Higher yield
NEE
2.82%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
PCG
+38% upside
NEE vs PCG — FAQ
Is NEE or PCG a better dividend stock?
On the data, NEE wins more head-to-head categories (4 vs 3). NEE offers the higher yield (2.82%), 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 PCG?
NEE has the higher forward dividend yield at 2.82%, versus 1.49% for PCG.
Is NEE or PCG safer?
NEE has the higher dividend-safety score (90/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.
Is NEE or PCG better value right now?
As of Nov 5, 2026, PCG looks like the better value: its fair-value estimate is 38% above its share price (undervalued). For NEE, its fair-value estimate is 8% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.