investmentIs NuScale Power the Next Nuclear Millionaire Maker -- and a Future Dividend Giant?
By Reuben Gregg Brewer – Feb 2, 2026 at 9:05PM ESTKey PointsNuScale Power is attempting to build a manufacturing business around small modular nuclear reactors.The company is still trying to finalize its first sale.Only after the first sale will NuScale Power be able to build out its business.NYSE: SMRNuScale PowerMarket Cap$4.9BToday's Changeangle-down(-6.09%) $1.06Current Price$16.41Price as of February 2, 2026 at 3:58 PM ETNuScale Power's goal is to be a manufacturer, but there's still a lot of work to be done.NuScale Power (SMR 6.09%) is, at its core, a manufacturing business. It is also a nuclear power stock, since what it plans to build are small modular nuclear reactors (SMRs). Given the nuclear power renaissance currently taking shape, there is a big opportunity for NuScale Power to seize. And the company still has to make its first sale. Industrials pay dividends Wall Street has put NuScale Power into the nuclear energy investment bucket, which isn't wrong. After all, the company is attempting to build a business around SMRs. However, SMRs are a lot different from large, site-built nuclear power plants. SMRs are built in factories so they can benefit from the efficiencies generated from scale production. At its core, NuScale Power is really an industrial manufacturer. Or at least that is what it hopes to be when it finally inks its first sale. Image source: Getty Images. Industrial stocks often pay dividends. And if the nuclear power renaissance is enough for NuScale Power to build a substantial business, it is highly likely that it would, one day, pay dividends, too. Such dividend payments, however, could be years away. NuScale Power is going to bleed red ink for a long time The problem is that NuScale Power has a reactor design, but no customers. It is working on a deal to sell six reactors to RoPower, a Romanian power company, but the final investment decision on that project hasn't been made yet. NuScale is also working with the Tennessee Vall