NEE vs SRE: Which Is the Better Dividend Stock?
As of Nov 5, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SRE offers the higher yield at 3.17%, NEE 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 SRE
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Sempra (SRE) has the higher forward dividend yield at 3.17%, versus 2.82% for NextEra Energy, Inc. (NEE).
- As of Nov 5, 2026, SmarterDividends grades NEE's dividend safety A (90/100) and SRE's A (88/100).
- By SmarterDividends' count as of Nov 5, 2026, NEE has raised its dividend for 30 consecutive years and SRE for 15.
- As of Nov 5, 2026, NEE pays out 44% of its earnings as dividends and SRE pays out 75%.
- As of Nov 5, 2026, NEE's fair-value estimate is 8% above its share price and SRE's fair-value estimate is 6% below its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NEE vs SRE: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/nee-vs-sre
| Metric | NEE | SRE |
|---|---|---|
| Forward yield | 2.82% | 3.17% |
| Annual dividend | $2.49 | $2.63 |
| Payout ratio | 44% | 75% |
| Years of growth | 30 yr | 15 yr |
| 5-yr dividend growth | 10.1% | 4.3% |
| 5-yr total return | -4% | 44% |
| Dividend safety score | 90 (A) | 88 (A) |
| Fair value estimate | $94.96 | $74.68 |
| Upside to fair value | +8% | -6% |
| Frequency | quarterly | quarterly |
| Market cap | $184.7B | $52.2B |
| P/E ratio | 15.9 | 23.1 |
Higher yield
SRE
3.17%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
NEE
+8% upside
NEE vs SRE — FAQ
Is NEE or SRE a better dividend stock?
On the data, NEE wins more head-to-head categories (5 vs 3). SRE offers the higher yield (3.17%), 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 SRE?
SRE has the higher forward dividend yield at 3.17%, versus 2.82% for NEE.
Is NEE or SRE safer?
NEE has the higher dividend-safety score (90/100 vs 88/100), reflecting stronger payout coverage and dividend-growth history.
Is NEE or SRE 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 SRE, its fair-value estimate is 6% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.