National Grid Dividend
Dividend criteria checks 5/6
National Grid is a dividend paying company with a current yield of 5.4% that is well covered by earnings.
Key information
5.4%
Dividend yield
82%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.69 |
| Dividend yield forecast in 3Y | 5.9% |
Recent dividend updates
Recent updates
National Grid Faces New Challenges With Electrification Growth
May 01National Grid: Clean Energy Transition Continues
Jan 23National Grid: Grid Investments Could Power Growth
Nov 13National Grid: Regulators Cap Upside In The U.K.
Sep 26National Grid Is Becoming Interesting Again (Rating Upgrade)
Jul 11National Grid: Bearish Technicals After A Strong Late-2022 Rally
Jan 19Energy Is On The Frontline Of The War And National Grid Constitutes Europe's Salvo
Nov 07National Grid's Utility Upside
Sep 12National Grid: Solid Utility, But Limited Upside
Jun 28National Grid: Stable Yield And Results From Utilities At A High Price
Jun 17National Grid: A Hold For Now
Mar 31National Grid Insulated From RIIO Changes With U.S. Exposure
Feb 10National Grid: Upside Is There, But It's Still Expensive
Dec 03National Grid And The Electrification Of Everything
Sep 11National Grid: A Dividend Cut Appears Likely Despite Being A Utility
Jul 30National Grid: A 'Consistently Not Stupid' Buy
Jan 31National Grid Is The Clear Winner In The Dividend Bout Against Utility ConEd
Dec 03Dividend Safety Net Is Still A Concern As National Grid Shares Bounce Back
Nov 25National Grid goes ex-dividend tomorrow
Nov 24National Grid seeks higher revenue, 10.5% RoE for Mass gas business
Nov 16National Grid reports F1H results
Nov 12U.K. regulators considering National Grid breakup -Telegraph
Nov 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NGG's dividends per share have been stable in the past 10 years.
Growing Dividend: NGG'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) | 5.4% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Integrated Utilities) | 3.9% |
| Analyst forecast in 3 Years (NGG) | 5.9% |
Notable Dividend: NGG's dividend (5.4%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: NGG's dividend (5.4%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.9%), NGG's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (620%), NGG's dividend payments are not well covered by cash flows.