National Grid Dividends and Buybacks
Dividend criteria checks 4/6
National Grid is a dividend paying company with a current yield of 5.92%. Next payment date is on 14th January, 2025 with an ex-dividend date of 21st November, 2024.
Key information
5.9%
Dividend yield
-15.4%
Buyback Yield
| Total Shareholder Yield | -9.5% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 1.9% |
| Next dividend pay date | 14 Jan 25 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | UK£0.550 |
| 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 26Recent updates
These 4 Measures Indicate That National Grid (LON:NG.) Is Using Debt Extensively
Nov 27National 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 07Stability 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.) | 5.9% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Integrated Utilities) | 6.0% |
| Analyst forecast (NG.) (up to 3 years) | 5.2% |
Notable Dividend: NG.'s dividend (5.92%) is higher than the bottom 25% of dividend payers in the UK market (2.14%).
High Dividend: NG.'s dividend (5.92%) is in the top 25% of dividend payers in the UK market (5.81%)
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
National Grid plc is covered by 40 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Juan Rodriguez | AlphaValue |
| Gary Hovis | Argus Research Company |
| Dominic Nash | Barclays |