National Grid Dividend
Dividend criteria checks 4/6
National Grid is a dividend paying company with a current yield of 6.78%.
Key information
6.8%
Dividend yield
97%
Payout ratio
Industry average yield | 5.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | UK£0.585 |
Earnings per share | UK£0.60 |
Dividend yield forecast | 5.9% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NGPF's dividends per share have been stable in the past 10 years.
Growing Dividend: NGPF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
National Grid Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NGPF) | 6.8% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.5% |
Industry Average (Integrated Utilities) | 5.6% |
Analyst forecast (NGPF) (up to 3 years) | 5.9% |
Notable Dividend: NGPF's dividend (6.78%) is higher than the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: NGPF's dividend (6.78%) is in the top 25% of dividend payers in the UK market (5.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.5%), NGPF's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NGPF is paying a dividend but the company has no free cash flows.