NEE vs PEG: Which Is the Better Dividend Stock?
As of Nov 5, 2026, NEE and PEG are closely matched. PEG offers the higher yield at 3.66%, PEG 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: NEE vs PEG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Public Service Enterprise Group Incorporated (PEG) has the higher forward dividend yield at 3.66%, versus 2.82% for NextEra Energy, Inc. (NEE).
- As of Nov 5, 2026, SmarterDividends grades NEE's dividend safety A (90/100) and PEG's A (92/100).
- By SmarterDividends' count as of Nov 5, 2026, NEE has raised its dividend for 30 consecutive years and PEG for 14.
- As of Nov 5, 2026, NEE pays out 44% of its earnings as dividends and PEG pays out 75%.
- As of Nov 5, 2026, NEE's fair-value estimate is 8% above its share price and PEG's fair-value estimate is 5% above its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NEE vs PEG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/nee-vs-peg
| Metric | NEE | PEG |
|---|---|---|
| Forward yield | 2.82% | 3.66% |
| Annual dividend | $2.49 | $2.68 |
| Payout ratio | 44% | 75% |
| Years of growth | 30 yr | 14 yr |
| 5-yr dividend growth | 10.1% | 5.2% |
| 5-yr total return | -4% | 19% |
| Dividend safety score | 90 (A) | 92 (A) |
| Fair value estimate | $94.96 | $76.28 |
| Upside to fair value | +8% | +5% |
| Frequency | quarterly | quarterly |
| Market cap | $184.7B | $36.1B |
| P/E ratio | 15.9 | 20.5 |
Higher yield
PEG
3.66%
Safer dividend
PEG
Grade A
Faster growth
NEE
10.1%
Better value
NEE
+8% upside
NEE vs PEG — FAQ
Is NEE or PEG a better dividend stock?
NEE and PEG are closely matched. PEG has the higher yield; PEG scores better on safety.
Which has a higher dividend yield, NEE or PEG?
PEG has the higher forward dividend yield at 3.66%, versus 2.82% for NEE.
Is NEE or PEG safer?
PEG has the higher dividend-safety score (92/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is NEE or PEG 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 PEG, its fair-value estimate is 5% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.