SmarterDividends

NEE vs PPLC: Which Is the Better Dividend Stock?

As of Oct 18, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. PPLC offers the higher yield at 3.48%, 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 PPLC

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, PPL Corporation (PPLC) has the higher forward dividend yield at 3.48%, versus 3.12% for NextEra Energy, Inc. (NEE).
  • By SmarterDividends' count as of Oct 18, 2026, NEE has raised its dividend for 30 consecutive years and PPLC for 0.
  • As of Oct 18, 2026, NEE's fair-value estimate is 5% above its share price and PPLC's fair-value estimate is 37% below its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricNEEPPLC
Forward yield3.12%3.48%
Annual dividend$2.49$1.12
Payout ratio53%—
Years of growth30 yr0 yr
5-yr dividend growth10.1%—
5-yr total return-8%—
Dividend safety score90 (A)—
Fair value estimate$83.50$29.32
Upside to fair value+5%-37%
Frequencyquarterlyquarterly
Market cap$166.4B—
P/E ratio17.9—

Higher yield

PPLC

3.48%

Safer dividend

NEE

Grade A

Faster growth

NEE

10.1%

Better value

NEE

+5% upside

NEE vs PPLC — FAQ

Is NEE or PPLC a better dividend stock?

On the data, NEE wins more head-to-head categories (3 vs 1). PPLC offers the higher yield (3.48%), 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 PPLC?

PPLC has the higher forward dividend yield at 3.48%, versus 3.12% for NEE.

Is NEE or PPLC safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is NEE or PPLC 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 PPLC, its fair-value estimate is 37% below its share price.

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