NEE vs SWX: Which Is the Better Dividend Stock?
As of September 2026, NEE and SWX are closely matched. NEE offers the higher yield at 2.99%, SWX has the higher dividend-safety score, and SWX trades at the larger discount to fair value (+76%).
| Metric | NEE | SWX |
|---|---|---|
| Forward yield | 2.99% | 2.93% |
| Annual dividend | $2.49 | $2.58 |
| Payout ratio | 53% | 64% |
| Years of growth | 30 yr | 0 yr |
| 5-yr dividend growth | 10.1% | 1.9% |
| 5-yr total return | 6% | 32% |
| Dividend safety score | 90 (A) | 93 (A) |
| Fair value estimate | $83.05 | $155.18 |
| Upside to fair value | -0% | +76% |
| Frequency | quarterly | quarterly |
| Market cap | $174.0B | $6.4B |
| P/E ratio | 18.7 | 22.6 |
Higher yield
NEE
2.99%
Safer dividend
SWX
Grade A
Faster growth
NEE
10.1%
Better value
SWX
+76% upside
NEE vs SWX — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.