In this article, we are going to discuss the 10 best nuclear energy stocks to buy for dividends.
The American nuclear energy sector is going through a renaissance amid the ongoing AI boom, especially after President Trump signed an executive order last year to quadruple the country’s nuclear energy capacity to 400 GW by 2050.
While achieving this goal will require plenty of time and money, the government seems serious and is already taking some important steps. A great example of this is the Utility Power Reactor Incremental Scaling Effort (UPRISE) program, which the DoE announced last month. The initiative is meant to help nuclear companies uprate their reactors and bring dormant facilities back online, potentially increasing the country’s existing nuclear fleet’s power capacity by a further 5 GW by 2029. This is equivalent to adding five new nuclear reactors to the grid, without having to spend billions on new construction.
Moreover, the nuclear revolution has attracted significant attention from Silicon Valley itself. A number of hyperscales have now signed multi-year deals with nuclear operators to ensure that they have enough clean energy available to power their advances in AI and meet their climate goals.
With that said, here are the Best Nuclear Energy Dividend Stocks to Buy Now.
Our Methodology
To collect data for this article, we used our stock screeners to identify nuclear energy stocks with the highest number of hedge fund holders at the end of Q4 2025, as per the Insider Monkey database. We then shortlisted the companies that have steady dividend policies. Lastly, we limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. The following are the Best Nuclear Energy Stocks to Buy for Dividends.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10. Dominion Energy, Inc. (NYSE:D)
Number of Hedge Fund Holders: 40
Dominion Energy, Inc. (NYSE:D) provides regulated electricity service to 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. The company generates around 40% of its energy from nuclear power facilities.
On April 21, Morgan Stanley slightly trimmed its price target on Dominion Energy, Inc. (NYSE:D) from $69 to $68, but maintained its ‘Overweight’ rating on the shares. The lowered target, which still indicates an upside of almost 9% from the current levels, comes as the analyst firm revised its estimates for the Regulated & Diversified Utilities / IPPs in North America under its coverage.
The analyst also highlighted the utilities sector’s performance in March. The sector surged by 16.4% during the month, comfortably outperforming the gains of 9.6% posted by the overall S&P 500.
Dominion Energy, Inc. (NYSE:D) also received a significant boost last month when it officially generated its first power from the long-delayed Coastal Virginia Offshore Wind project. The 2.6 GW project is the largest of its kind in the United States and will supply clean energy to 660,000 customers.
9. Public Service Enterprise Group Incorporated (NYSE:PEG)
Number of Hedge Fund Holders: 49
Public Service Enterprise Group Incorporated (NYSE:PEG) is a predominantly regulated energy company that engages in the provision of electric and gas services.
Public Service Enterprise Group Incorporated (NYSE:PEG) announced a quarterly dividend of $0.67 per share on April 21. The dividend is payable on June 30 to all shareholders of record on June 9. The company has paid a common dividend since 1907 and currently boasts an impressive annual yield of 3.34%.
Public Service Enterprise Group Incorporated (NYSE:PEG) is projecting operating earnings of $4.28 to $4.40 per share for FY 2026, up 7% YoY at the midpoint. The company recently raised its long-term adjusted earnings growth outlook to 6%-8% through the end of the decade, citing robust regulated investments and nuclear generation cash flows as key drivers. Moreover, to keep up with the soaring demand, PSEG also recently bumped up its capital program from $24 billion to $28 billion for 2026–2030.
