SmarterDividends

NEE vs UEPEN: Which Is the Better Dividend Stock?

As of Oct 27, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. UEPEN offers the higher yield at 5.74%, NEE has the higher dividend-safety score, and NEE looks like the better value (its fair-value estimate is 16% above its share price).

Key facts: NEE vs UEPEN

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Union Electric Company (UEPEN) has the higher forward dividend yield at 5.74%, versus 3.04% for NextEra Energy, Inc. (NEE).
  • As of Oct 27, 2026, SmarterDividends grades NEE's dividend safety A (90/100) and UEPEN's A (89/100).
  • By SmarterDividends' count as of Oct 27, 2026, NEE has raised its dividend for 30 consecutive years and UEPEN for 0.
  • As of Oct 27, 2026, NEE's fair-value estimate is 16% above its share price and UEPEN's fair-value estimate is 29% below its share price, so NEE looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NEE vs UEPEN: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/nee-vs-uepen

MetricNEEUEPEN
Forward yield3.04%5.74%
Annual dividend$2.49$3.50
Payout ratio44%—
Years of growth30 yr0 yr
5-yr dividend growth10.1%0.0%
5-yr total return-5%-30%
Dividend safety score90 (A)89 (A)
Fair value estimate$94.84$43.06
Upside to fair value+16%-29%
Frequencyquarterlyquarterly
Market cap$172.1B—
P/E ratio14.812.0

Higher yield

UEPEN

5.74%

Safer dividend

NEE

Grade A

Faster growth

NEE

10.1%

Better value

NEE

+16% upside

NEE vs UEPEN — FAQ

Is NEE or UEPEN a better dividend stock?

On the data, NEE wins more head-to-head categories (5 vs 2). UEPEN offers the higher yield (5.74%), 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 UEPEN?

UEPEN has the higher forward dividend yield at 5.74%, versus 3.04% for NEE.

Is NEE or UEPEN safer?

NEE has the higher dividend-safety score (90/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.

Is NEE or UEPEN better value right now?

As of Oct 27, 2026, NEE looks like the better value: its fair-value estimate is 16% above its share price (undervalued). For UEPEN, its fair-value estimate is 29% below its share price.

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