AWR vs NGGTF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, AWR (American States Water Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NGGTF offers the higher yield at 3.96%, AWR has the higher dividend-safety score, and NGGTF looks like the better value (its fair-value estimate is 20% above its share price).
Key facts: AWR vs NGGTF
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, National Grid plc (NGGTF) has the higher forward dividend yield at 3.96%, versus 2.61% for American States Water Company (AWR).
- As of Oct 18, 2026, SmarterDividends grades AWR's dividend safety A (91/100) and NGGTF's C (50/100).
- By SmarterDividends' count as of Oct 18, 2026, AWR has raised its dividend for 23 consecutive years and NGGTF for 1.
- As of Oct 18, 2026, AWR pays out 55% of its earnings as dividends and NGGTF pays out 72%.
- As of Oct 18, 2026, AWR's fair-value estimate is 12% below its share price and NGGTF's fair-value estimate is 20% above its share price, so NGGTF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AWR vs NGGTF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/awr-vs-nggtf
| Metric | AWR | NGGTF |
|---|---|---|
| Forward yield | 2.61% | 3.96% |
| Annual dividend | $2.18 | $0.65 |
| Payout ratio | 55% | 72% |
| Years of growth | 23 yr | 1 yr |
| 5-yr dividend growth | 8.7% | 5.9% |
| 5-yr total return | -11% | 22% |
| Dividend safety score | 91 (A) | 50 (C) |
| Fair value estimate | $73.51 | $19.77 |
| Upside to fair value | -12% | +20% |
| Frequency | quarterly | semiannual |
| Market cap | $3.3B | $82.6B |
| P/E ratio | 22.9 | 18.7 |
Higher yield
NGGTF
3.96%
Safer dividend
AWR
Grade A
Faster growth
AWR
8.7%
Better value
NGGTF
+20% upside
AWR vs NGGTF — FAQ
Is AWR or NGGTF a better dividend stock?
On the data, AWR wins more head-to-head categories (5 vs 3). NGGTF offers the higher yield (3.96%), while AWR has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AWR or NGGTF?
NGGTF has the higher forward dividend yield at 3.96%, versus 2.61% for AWR.
Is AWR or NGGTF safer?
AWR has the higher dividend-safety score (91/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is AWR or NGGTF better value right now?
As of Oct 18, 2026, NGGTF looks like the better value: its fair-value estimate is 20% above its share price (undervalued). For AWR, its fair-value estimate is 12% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


