National Grid Dividend

Dividend criteria checks 4/6

National Grid is a dividend paying company with a current yield of 5.02% that is well covered by earnings.

Key information

5.0%

Dividend yield

82%

Payout ratio

Industry average yield5.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUK£0.69
Dividend yield forecast in 3Y5.5%

Recent dividend updates

National Grid's (LON:NG.) Dividend Will Be Increased To £0.194

Nov 12
National Grid's (LON:NG.) Dividend Will Be Increased To £0.194

National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At £0.376

May 21
National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At £0.376

Recent updates

Are Investors Undervaluing National Grid plc (LON:NG.) By 25%?

Apr 14
Are Investors Undervaluing National Grid plc (LON:NG.) By 25%?

Is National Grid (LON:NG.) A Risky Investment?

Mar 05
Is National Grid (LON:NG.) A Risky Investment?

Some Confidence Is Lacking In National Grid plc's (LON:NG.) P/E

Jan 07
Some Confidence Is Lacking In National Grid plc's (LON:NG.) P/E

Here's Why National Grid (LON:NG.) Is Weighed Down By Its Debt Load

Dec 02
Here's Why National Grid (LON:NG.) Is Weighed Down By Its Debt Load

National Grid's (LON:NG.) Dividend Will Be Increased To £0.194

Nov 12
National Grid's (LON:NG.) Dividend Will Be Increased To £0.194

National Grid plc (LON:NG.) Shares Could Be 23% Below Their Intrinsic Value Estimate

Oct 21
National Grid plc (LON:NG.) Shares Could Be 23% Below Their Intrinsic Value Estimate

With EPS Growth And More, National Grid (LON:NG.) Makes An Interesting Case

Sep 28
With EPS Growth And More, National Grid (LON:NG.) Makes An Interesting Case

Calculating The Fair Value Of National Grid plc (LON:NG.)

Jul 23
Calculating The Fair Value Of National Grid plc (LON:NG.)

National Grid (LON:NG.) Has No Shortage Of Debt

Jul 08
National Grid (LON:NG.) Has No Shortage Of Debt

Here's Why We Think National Grid (LON:NG.) Might Deserve Your Attention Today

Jun 21
Here's Why We Think National Grid (LON:NG.) Might Deserve Your Attention Today

National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At £0.376

May 21
National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At £0.376

Calculating The Fair Value Of National Grid plc (LON:NG.)

Apr 03
Calculating The Fair Value Of National Grid plc (LON:NG.)

Here's Why National Grid (LON:NG.) Has A Meaningful Debt Burden

Mar 16
Here's Why National Grid (LON:NG.) Has A Meaningful Debt Burden

Is Now The Time To Put National Grid (LON:NG.) On Your Watchlist?

Mar 01
Is Now The Time To Put National Grid (LON:NG.) On Your Watchlist?

A Look At The Fair Value Of National Grid plc (LON:NG.)

Dec 22
A Look At The Fair Value Of National Grid plc (LON:NG.)

Is National Grid (LON:NG.) A Risky Investment?

Dec 07
Is National Grid (LON:NG.) A Risky Investment?

National Grid (LON:NG.) Is Increasing Its Dividend To £0.1784

Nov 17
National Grid (LON:NG.) Is Increasing Its Dividend To £0.1784

Does National Grid (LON:NG.) Deserve A Spot On Your Watchlist?

Sep 26
Does National Grid (LON:NG.) Deserve A Spot On Your Watchlist?

Is National Grid (LON:NG.) A Risky Investment?

Aug 27
Is National Grid (LON:NG.) A Risky Investment?

An Intrinsic Calculation For National Grid plc (LON:NG.) Suggests It's 23% Undervalued

Jul 27
An Intrinsic Calculation For National Grid plc (LON:NG.) Suggests It's 23% Undervalued

Should You Be Adding National Grid (LON:NG.) To Your Watchlist Today?

Jun 27
Should You Be Adding National Grid (LON:NG.) To Your Watchlist Today?

National Grid (LON:NG.) Is Paying Out A Larger Dividend Than Last Year

May 26
National Grid (LON:NG.) Is Paying Out A Larger Dividend Than Last Year

Does National Grid (LON:NG.) Have A Healthy Balance Sheet?

May 21
Does National Grid (LON:NG.) Have A Healthy Balance Sheet?

A Look At The Intrinsic Value Of National Grid plc (LON:NG.)

Mar 28
A Look At The Intrinsic Value Of National Grid plc (LON:NG.)

These 4 Measures Indicate That National Grid (LON:NG.) Is Using Debt Extensively

Jan 13
These 4 Measures Indicate That National Grid (LON:NG.) Is Using Debt Extensively

Calculating The Intrinsic Value Of National Grid plc (LON:NG.)

Dec 26
Calculating The Intrinsic Value Of National Grid plc (LON:NG.)

National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At UK£0.17

Nov 21
National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At UK£0.17

These 4 Measures Indicate That National Grid (LON:NG.) Is Using Debt Extensively

Sep 28
These 4 Measures Indicate That National Grid (LON:NG.) Is Using Debt Extensively

Are Investors Undervaluing National Grid plc (LON:NG.) By 22%?

Sep 10
Are Investors Undervaluing National Grid plc (LON:NG.) By 22%?

Shareholders May Not Be So Generous With National Grid plc's (LON:NG.) CEO Compensation And Here's Why

Jul 20
Shareholders May Not Be So Generous With National Grid plc's (LON:NG.) CEO Compensation And Here's Why

Is National Grid (LON:NG.) A Risky Investment?

Jun 29
Is National Grid (LON:NG.) A Risky Investment?

Are Investors Undervaluing National Grid plc (LON:NG.) By 25%?

Jun 11
Are Investors Undervaluing National Grid plc (LON:NG.) By 25%?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NG.'s dividends per share have been stable in the past 10 years.

Growing Dividend: NG.'s dividend payments have increased over the past 10 years.


Dividend Yield vs Market

National Grid Dividend Yield vs Market
How does NG. dividend yield compare to the market?
SegmentDividend Yield
Company (NG.)5.0%
Market Bottom 25% (GB)2.0%
Market Top 25% (GB)5.7%
Industry Average (Integrated Utilities)5.4%
Analyst forecast in 3 Years (NG.)5.5%

Notable Dividend: NG.'s dividend (5.02%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).

High Dividend: NG.'s dividend (5.02%) is low compared to the top 25% of dividend payers in the UK market (5.7%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (81.9%), NG.'s payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (620.2%), NG.'s dividend payments are not well covered by cash flows.


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