SmarterDividends

DUK vs ES: Which Is the Better Dividend Stock?

As of September 2026, DUK and ES are closely matched. ES offers the higher yield at 4.71%, DUK has the higher dividend-safety score, and ES trades at the larger discount to fair value (+12%).

MetricDUKES
Forward yield3.72%4.71%
Annual dividend$4.34$3.15
Payout ratio64%80%
Years of growth21 yr25 yr
5-yr dividend growth2.0%5.8%
5-yr total return15%-20%
Dividend safety score92 (A)80 (A)
Fair value estimate$128.37$75.99
Upside to fair value+9%+12%
Frequencyquarterlyquarterly
Market cap$90.7B$25.0B
P/E ratio17.617.4

Higher yield

ES

4.71%

Safer dividend

DUK

Grade A

Faster growth

ES

5.8%

Better value

ES

+12% upside

DUK vs ES — FAQ

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