National Grid Dividend
Dividend criteria checks 4/6
National Grid is a dividend paying company with a current yield of 5.65%.
Key information
5.7%
Dividend yield
97%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.745 |
| Earnings per share | €0.45 |
| Dividend yield forecast | 4.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NNGD's dividends per share have been stable in the past 10 years.
Growing Dividend: NNGD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| National Grid Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NNGD) | 5.7% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Integrated Utilities) | 5.6% |
| Analyst forecast (NNGD) (up to 3 years) | 4.8% |
Notable Dividend: NNGD's dividend (5.65%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: NNGD's dividend (5.65%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.5%), NNGD's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NNGD is paying a dividend but the company has no free cash flows.