NEE vs TSLTF: Which Is the Better Dividend Stock?
As of Oct 27, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TSLTF offers the higher yield at 6.47%, NEE has the higher dividend-safety score, and TSLTF looks like the better value (its fair-value estimate is 85% above its share price).
Key facts: NEE vs TSLTF
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, TransAlta Corporation (TSLTF) has the higher forward dividend yield at 6.47%, versus 3.04% for NextEra Energy, Inc. (NEE).
- As of Oct 27, 2026, SmarterDividends grades NEE's dividend safety A (90/100) and TSLTF's B (73/100).
- By SmarterDividends' count as of Oct 27, 2026, NEE has raised its dividend for 30 consecutive years and TSLTF for 0.
- As of Oct 27, 2026, NEE's fair-value estimate is 16% above its share price and TSLTF's fair-value estimate is 85% above its share price, so TSLTF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NEE vs TSLTF: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/nee-vs-tsltf
| Metric | NEE | TSLTF |
|---|---|---|
| Forward yield | 3.04% | 6.47% |
| Annual dividend | $2.49 | $1.21 |
| Payout ratio | 44% | — |
| Years of growth | 30 yr | 0 yr |
| 5-yr dividend growth | 10.1% | 5.8% |
| 5-yr total return | -5% | 9% |
| Dividend safety score | 90 (A) | 73 (B) |
| Fair value estimate | $94.84 | $34.72 |
| Upside to fair value | +16% | +85% |
| Frequency | quarterly | quarterly |
| Market cap | $172.1B | — |
| P/E ratio | 14.8 | — |
Higher yield
TSLTF
6.47%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
TSLTF
+85% upside
NEE vs TSLTF — FAQ
Is NEE or TSLTF a better dividend stock?
On the data, NEE wins more head-to-head categories (4 vs 3). TSLTF offers the higher yield (6.47%), 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 TSLTF?
TSLTF has the higher forward dividend yield at 6.47%, versus 3.04% for NEE.
Is NEE or TSLTF safer?
NEE has the higher dividend-safety score (90/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is NEE or TSLTF better value right now?
As of Oct 27, 2026, TSLTF looks like the better value: its fair-value estimate is 85% 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.