SmarterDividends

BEP vs CEG: Which Is the Better Dividend Stock?

As of July 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. BEP offers the higher yield at 4.94%, CEG has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+61%).

MetricBEPCEG
Forward yield4.94%0.68%
Annual dividend$1.57$1.71
Payout ratio649%14%
Years of growth11 yr3 yr
5-yr dividend growth5.2%
5-yr total return-22%
Dividend safety score74 (B)75 (B)
Fair value estimate$25.50$406.21
Upside to fair value-20%+61%
Frequencyquarterlyquarterly
Market cap$21.9B$90.5B
P/E ratio21.9

Higher yield

BEP

4.94%

Safer dividend

CEG

Grade B

Faster growth

BEP

5.2%

Better value

CEG

+61% upside

BEP vs CEG — FAQ

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