NEE vs WEC: Which Is the Better Dividend Stock?
As of September 2026, NEE and WEC are closely matched. WEC offers the higher yield at 3.69%, NEE has the higher dividend-safety score, and WEC trades at the larger discount to fair value (+11%).
| Metric | NEE | WEC |
|---|---|---|
| Forward yield | 3.10% | 3.69% |
| Annual dividend | $2.49 | $3.81 |
| Payout ratio | 53% | 72% |
| Years of growth | 30 yr | 10 yr |
| 5-yr dividend growth | 10.1% | 7.1% |
| 5-yr total return | -6% | 15% |
| Dividend safety score | 90 (A) | 84 (A) |
| Fair value estimate | $83.06 | $114.03 |
| Upside to fair value | +3% | +11% |
| Frequency | quarterly | quarterly |
| Market cap | $167.8B | $33.6B |
| P/E ratio | 18.1 | 20.0 |
Higher yield
WEC
3.69%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
WEC
+11% upside
NEE vs WEC — FAQ
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