National Grid Dividend
Dividend criteria checks 4/6
National Grid is a dividend paying company with a current yield of 4.99% that is well covered by earnings.
Key information
5.0%
Dividend yield
82%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | UK£0.69 |
Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NGL's dividends per share have been stable in the past 10 years.
Growing Dividend: NGL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
National Grid Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NGL) | 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 (NGL) | 5.5% |
Notable Dividend: NGL's dividend (4.99%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: NGL's dividend (4.99%) is low compared to the top 25% of dividend payers in the UK market (5.69%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.9%), NGL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (620.2%), NGL's dividend payments are not well covered by cash flows.