National Grid Dividends and Buybacks
Dividend criteria checks 3/6
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 22nd 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 | 22 Nov 24 |
| Dividend per share | Mex$0.745 |
| Payout ratio | 131% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NGG N's dividends per share have been stable in the past 10 years.
Growing Dividend: NGG N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| National Grid Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NGG N) | 6.1% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Integrated Utilities) | 0% |
| Analyst forecast (NGG N) (up to 3 years) | 5.0% |
Notable Dividend: NGG N's dividend (6.07%) is higher than the bottom 25% of dividend payers in the MX market (2.63%).
High Dividend: NGG N's dividend (6.07%) is low compared to the top 25% of dividend payers in the MX market (7.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.2%), NGG N's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NGG N is paying a dividend but the company has no free cash flows.