National Grid Dividend
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
82%
Payout ratio
Industry average yield | 5.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.69 |
Dividend yield forecast in 3Y | 5.9% |
Recent dividend 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% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Integrated Utilities) | 5.6% |
Analyst forecast in 3 Years (NNGF) | 5.9% |
Notable Dividend: NNGF's dividend (5.44%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: NNGF's dividend (5.44%) is in the top 25% of dividend payers in the German market (4.77%)
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.