ATO vs NGGTF: Which Is the Better Dividend Stock?
As of Nov 5, 2026, ATO (Atmos Energy Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NGGTF offers the higher yield at 3.87%, ATO has the higher dividend-safety score, and NGGTF looks like the better value (its fair-value estimate is 16% above its share price).
Key facts: ATO vs NGGTF
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, National Grid plc (NGGTF) has the higher forward dividend yield at 3.87%, versus 2.27% for Atmos Energy Corporation (ATO).
- As of Nov 5, 2026, SmarterDividends grades ATO's dividend safety A (95/100) and NGGTF's C (50/100).
- By SmarterDividends' count as of Nov 5, 2026, ATO has raised its dividend for 36 consecutive years and NGGTF for 1.
- As of Nov 5, 2026, ATO pays out 46% of its earnings as dividends and NGGTF pays out 72%.
- As of Nov 5, 2026, ATO's fair-value estimate is 20% below its share price and NGGTF's fair-value estimate is 16% above its share price, so NGGTF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ATO vs NGGTF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/ato-vs-nggtf
| Metric | ATO | NGGTF |
|---|---|---|
| Forward yield | 2.27% | 3.87% |
| Annual dividend | $4.00 | $0.65 |
| Payout ratio | 46% | 72% |
| Years of growth | 36 yr | 1 yr |
| 5-yr dividend growth | 9.0% | 5.9% |
| 5-yr total return | 91% | 26% |
| Dividend safety score | 95 (A) | 50 (C) |
| Fair value estimate | $141.90 | $19.58 |
| Upside to fair value | -20% | +16% |
| Frequency | quarterly | semiannual |
| Market cap | $29.9B | $84.5B |
| P/E ratio | 21.1 | 19.1 |
Higher yield
NGGTF
3.87%
Safer dividend
ATO
Grade A
Faster growth
ATO
9.0%
Better value
NGGTF
+16% upside
ATO vs NGGTF — FAQ
Is ATO or NGGTF a better dividend stock?
On the data, ATO wins more head-to-head categories (6 vs 2). NGGTF offers the higher yield (3.87%), while ATO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ATO or NGGTF?
NGGTF has the higher forward dividend yield at 3.87%, versus 2.27% for ATO.
Is ATO or NGGTF safer?
ATO has the higher dividend-safety score (95/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is ATO or NGGTF better value right now?
As of Nov 5, 2026, NGGTF looks like the better value: its fair-value estimate is 16% above its share price (undervalued). For ATO, its fair-value estimate is 20% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.