NEE vs WEC: Which Is the Better Dividend Stock?
As of July 2026, NEE and WEC are closely matched. WEC offers the higher yield at 3.36%, NEE has the higher dividend-safety score, and WEC trades at the larger discount to fair value (-1%).
| Metric | NEE | WEC |
|---|---|---|
| Forward yield | 2.81% | 3.36% |
| Annual dividend | $2.49 | $3.81 |
| Payout ratio | 59% | 73% |
| Years of growth | 30 yr | 10 yr |
| 5-yr dividend growth | 10.1% | 7.1% |
| 5-yr total return | 6% | 20% |
| Dividend safety score | 88 (A) | 86 (A) |
| Fair value estimate | $75.63 | $112.31 |
| Upside to fair value | -15% | -1% |
| Frequency | quarterly | quarterly |
| Market cap | $183.5B | $36.7B |
| P/E ratio | 22.5 | 22.6 |
Higher yield
WEC
3.36%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
WEC
-1% upside
NEE vs WEC — FAQ
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