AVA vs NGG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, AVA (Avista Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. AVA offers the higher yield at 5.28%, AVA has the higher dividend-safety score, and NGG looks like the better value (its fair-value estimate is 22% above its share price).
Key facts: AVA vs NGG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Avista Corporation (AVA) has the higher forward dividend yield at 5.28%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades AVA's dividend safety A (85/100) and NGG's C (51/100).
- By SmarterDividends' count as of Oct 27, 2026, AVA has raised its dividend for 23 consecutive years and NGG for 0.
- As of Oct 27, 2026, AVA pays out 71% of its earnings as dividends and NGG pays out 72%.
- As of Oct 27, 2026, AVA's fair-value estimate is 9% above its share price and NGG's fair-value estimate is 22% above its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AVA vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ava-vs-ngg
| Metric | AVA | NGG |
|---|---|---|
| Forward yield | 5.28% | 3.96% |
| Annual dividend | $1.97 | $3.24 |
| Payout ratio | 71% | 72% |
| Years of growth | 23 yr | 0 yr |
| 5-yr dividend growth | 3.9% | -0.1% |
| 5-yr total return | -2% | 24% |
| Dividend safety score | 85 (A) | 51 (C) |
| Fair value estimate | $40.73 | $100.15 |
| Upside to fair value | +9% | +22% |
| Frequency | quarterly | semiannual |
| Market cap | $3.1B | $82.2B |
| P/E ratio | 13.4 | 18.6 |
Higher yield
AVA
5.28%
Safer dividend
AVA
Grade A
Faster growth
AVA
3.9%
Better value
NGG
+22% upside
AVA vs NGG — FAQ
Is AVA or NGG a better dividend stock?
On the data, AVA wins more head-to-head categories (5 vs 3). AVA offers the higher yield (5.28%), while AVA has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AVA or NGG?
AVA has the higher forward dividend yield at 5.28%, versus 3.96% for NGG.
Is AVA or NGG safer?
AVA has the higher dividend-safety score (85/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is AVA or NGG better value right now?
As of Oct 27, 2026, NGG looks like the better value: its fair-value estimate is 22% above its share price (undervalued). For AVA, its fair-value estimate is 9% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.