NEE vs SWX: Which Is the Better Dividend Stock?
As of Oct 24, 2026, NEE and SWX are closely matched. NEE offers the higher yield at 3.04%, SWX has the higher dividend-safety score, and SWX looks like the better value (its fair-value estimate is 21% above its share price).
Key facts: NEE vs SWX
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, NextEra Energy, Inc. (NEE) has the higher forward dividend yield at 3.04%, versus 2.83% for Southwest Gas Holdings, Inc. (SWX).
- As of Oct 24, 2026, SmarterDividends grades NEE's dividend safety A (90/100) and SWX's A (93/100).
- By SmarterDividends' count as of Oct 24, 2026, NEE has raised its dividend for 30 consecutive years and SWX for 0.
- As of Oct 24, 2026, NEE pays out 44% of its earnings as dividends and SWX pays out 63%.
- As of Oct 24, 2026, NEE's fair-value estimate is 16% above its share price and SWX's fair-value estimate is 21% above its share price, so SWX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NEE vs SWX: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/nee-vs-swx
| Metric | NEE | SWX |
|---|---|---|
| Forward yield | 3.04% | 2.83% |
| Annual dividend | $2.49 | $2.58 |
| Payout ratio | 44% | 63% |
| Years of growth | 30 yr | 0 yr |
| 5-yr dividend growth | 10.1% | 1.9% |
| 5-yr total return | -5% | 39% |
| Dividend safety score | 90 (A) | 93 (A) |
| Fair value estimate | $94.84 | $110.00 |
| Upside to fair value | +16% | +21% |
| Frequency | quarterly | quarterly |
| Market cap | $172.2B | $6.6B |
| P/E ratio | 14.8 | 22.8 |
Higher yield
NEE
3.04%
Safer dividend
SWX
Grade A
Faster growth
NEE
10.1%
Better value
SWX
+21% upside
NEE vs SWX — FAQ
Is NEE or SWX a better dividend stock?
NEE and SWX are closely matched. NEE has the higher yield; SWX scores better on safety.
Which has a higher dividend yield, NEE or SWX?
NEE has the higher forward dividend yield at 3.04%, versus 2.83% for SWX.
Is NEE or SWX safer?
SWX has the higher dividend-safety score (93/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is NEE or SWX better value right now?
As of Oct 24, 2026, SWX looks like the better value: its fair-value estimate is 21% above its share price (undervalued). For NEE, its fair-value estimate is 16% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.