NEE vs SBS: Which Is the Better Dividend Stock?
As of Nov 5, 2026, NEE and SBS are closely matched. NEE offers the higher yield at 2.82%, NEE has the higher dividend-safety score, and SBS looks like the better value (its fair-value estimate is 151% above its share price).
Key facts: NEE vs SBS
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 0.72% for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS).
- As of Nov 5, 2026, SmarterDividends grades NEE's dividend safety A (90/100) and SBS's C (57/100).
- By SmarterDividends' count as of Nov 5, 2026, NEE has raised its dividend for 30 consecutive years and SBS for 4.
- As of Nov 5, 2026, NEE pays out 44% of its earnings as dividends and SBS pays out 32%.
- As of Nov 5, 2026, NEE's fair-value estimate is 8% above its share price and SBS's fair-value estimate is 151% above its share price, so SBS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NEE vs SBS: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/nee-vs-sbs
| Metric | NEE | SBS |
|---|---|---|
| Forward yield | 2.82% | 0.72% |
| Annual dividend | $2.49 | $0.03 |
| Payout ratio | 44% | 32% |
| Years of growth | 30 yr | 4 yr |
| 5-yr dividend growth | 10.1% | 21.1% |
| 5-yr total return | -4% | 277% |
| Dividend safety score | 90 (A) | 57 (C) |
| Fair value estimate | $94.96 | $11.50 |
| Upside to fair value | +8% | +151% |
| Frequency | quarterly | annual |
| Market cap | $184.7B | $16.2B |
| P/E ratio | 15.9 | 10.4 |
Higher yield
NEE
2.82%
Safer dividend
NEE
Grade A
Faster growth
SBS
21.1%
Better value
SBS
+151% upside
NEE vs SBS — FAQ
Is NEE or SBS a better dividend stock?
NEE and SBS are closely matched. NEE has the higher yield; NEE scores better on safety.
Which has a higher dividend yield, NEE or SBS?
NEE has the higher forward dividend yield at 2.82%, versus 0.72% for SBS.
Is NEE or SBS safer?
NEE has the higher dividend-safety score (90/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is NEE or SBS better value right now?
As of Nov 5, 2026, SBS looks like the better value: its fair-value estimate is 151% 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.