National Grid Dividends and Buybacks
Dividend criteria checks 5/6
National Grid is a dividend paying company with a current yield of 5.44% that is well covered by earnings.
Key information
5.4%
Dividend yield
-0.05%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | 0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CHF 0.631 |
| Payout ratio | 82% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NNGF's dividends per share have been stable in the past 10 years.
Growing Dividend: NNGF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| National Grid Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NNGF) | 5.4% |
| Market Bottom 25% (CH) | 2.0% |
| Market Top 25% (CH) | 4.4% |
| Industry Average (Integrated Utilities) | 5.9% |
| Analyst forecast (NNGF) (up to 3 years) | 5.9% |
Notable Dividend: NNGF's dividend (5.44%) is higher than the bottom 25% of dividend payers in the Swiss market (2.04%).
High Dividend: NNGF's dividend (5.44%) is in the top 25% of dividend payers in the Swiss market (4.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.9%), NNGF's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (620%), NNGF's dividend payments are not well covered by cash flows.