National Grid Dividend
Dividend criteria checks 3/6
National Grid is a dividend paying company with a current yield of 5.86%.
Key information
5.9%
Dividend yield
97%
Payout ratio
| Industry average yield | 0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$0.745 |
| Earnings per share | Mex$0.45 |
| Dividend yield forecast | 4.9% |
Recent dividend 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) | 5.9% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Integrated Utilities) | 0% |
| Analyst forecast (NGG N) (up to 3 years) | 4.9% |
Notable Dividend: NGG N's dividend (5.86%) is higher than the bottom 25% of dividend payers in the MX market (2.59%).
High Dividend: NGG N's dividend (5.86%) 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 (97.5%), 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.