National Grid Dividends and Buybacks
Dividend criteria checks 4/6
National Grid is a dividend paying company with a current yield of 6.07%. Next payment date is on 14th January, 2025 with an ex-dividend date of 21st November, 2024.
Key information
6.1%
Dividend yield
-14.9%
Buyback Yield
| Total Shareholder Yield | -8.8% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 1.9% |
| Next dividend pay date | 14 Jan 25 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | UK£0.585 |
| Payout ratio | 131% |
Recent dividend and buyback updates
National Grid (LON:NG.) Has Announced That Its Dividend Will Be Reduced To £0.1584
Nov 12
National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At £0.3912
May 26National Grid's (LON:NG.) Dividend Will Be Increased To £0.194
Nov 12Recent updates
National Grid (LON:NG.) Has Announced That Its Dividend Will Be Reduced To £0.1584
Nov 12Estimating The Intrinsic Value Of National Grid plc (LON:NG.)
Jul 29There May Be Some Bright Spots In National Grid's (LON:NG.) Earnings
May 30National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At £0.3912
May 26Are Investors Undervaluing National Grid plc (LON:NG.) By 25%?
Apr 14Is National Grid (LON:NG.) A Risky Investment?
Mar 05Some Confidence Is Lacking In National Grid plc's (LON:NG.) P/E
Jan 07Here's Why National Grid (LON:NG.) Is Weighed Down By Its Debt Load
Dec 02National Grid's (LON:NG.) Dividend Will Be Increased To £0.194
Nov 12National Grid plc (LON:NG.) Shares Could Be 23% Below Their Intrinsic Value Estimate
Oct 21With EPS Growth And More, National Grid (LON:NG.) Makes An Interesting Case
Sep 28Calculating The Fair Value Of National Grid plc (LON:NG.)
Jul 23National Grid (LON:NG.) Has No Shortage Of Debt
Jul 08Here's Why We Think National Grid (LON:NG.) Might Deserve Your Attention Today
Jun 21National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At £0.376
May 21Calculating The Fair Value Of National Grid plc (LON:NG.)
Apr 03Here's Why National Grid (LON:NG.) Has A Meaningful Debt Burden
Mar 16Is Now The Time To Put National Grid (LON:NG.) On Your Watchlist?
Mar 01A Look At The Fair Value Of National Grid plc (LON:NG.)
Dec 22Is National Grid (LON:NG.) A Risky Investment?
Dec 07National Grid (LON:NG.) Is Increasing Its Dividend To £0.1784
Nov 17Does National Grid (LON:NG.) Deserve A Spot On Your Watchlist?
Sep 26Is National Grid (LON:NG.) A Risky Investment?
Aug 27An Intrinsic Calculation For National Grid plc (LON:NG.) Suggests It's 23% Undervalued
Jul 27Should You Be Adding National Grid (LON:NG.) To Your Watchlist Today?
Jun 27Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NG.) | 6.1% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Integrated Utilities) | 6.0% |
| Analyst forecast (NG.) (up to 3 years) | 5.0% |
Notable Dividend: NG.'s dividend (6.07%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: NG.'s dividend (6.07%) is in the top 25% of dividend payers in the UK market (5.98%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.2%), NG.'s dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NG. is paying a dividend but the company has no free cash flows.