CEG vs NGG: Which Is the Better Dividend Stock?
As of September 2026, CEG (Constellation Energy Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. NGG offers the higher yield at 4.09%, CEG has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+28%).
| Metric | CEG | NGG |
|---|---|---|
| Forward yield | 0.61% | 4.09% |
| Annual dividend | $1.71 | $3.24 |
| Payout ratio | 16% | 71% |
| Years of growth | 3 yr | 0 yr |
| 5-yr dividend growth | — | -0.1% |
| 5-yr total return | — | 33% |
| Dividend safety score | 77 (B) | 51 (C) |
| Fair value estimate | $353.62 | $98.15 |
| Upside to fair value | +28% | +24% |
| Frequency | quarterly | semiannual |
| Market cap | $102.8B | $78.5B |
| P/E ratio | 27.4 | 17.9 |
Higher yield
NGG
4.09%
Safer dividend
CEG
Grade B
Faster growth
NGG
-0.1%
Better value
CEG
+28% upside
CEG vs NGG — FAQ
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