BEP vs NGG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, BEP and NGG are closely matched. BEP offers the higher yield at 5.49%, BEP 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: BEP vs NGG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Brookfield Renewable Partners L.P. (BEP) has the higher forward dividend yield at 5.49%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades BEP's dividend safety C (64/100) and NGG's C (51/100).
- By SmarterDividends' count as of Oct 27, 2026, BEP has raised its dividend for 11 consecutive years and NGG for 0.
- As of Oct 27, 2026, BEP's fair-value estimate is 8% below 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, "BEP vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bep-vs-ngg
| Metric | BEP | NGG |
|---|---|---|
| Forward yield | 5.49% | 3.96% |
| Annual dividend | $1.57 | $3.24 |
| Payout ratio | 1427% | 72% |
| Years of growth | 11 yr | 0 yr |
| 5-yr dividend growth | 5.2% | -0.1% |
| 5-yr total return | -21% | 24% |
| Dividend safety score | 64 (C) | 51 (C) |
| Fair value estimate | $26.39 | $100.15 |
| Upside to fair value | -8% | +22% |
| Frequency | quarterly | semiannual |
| Market cap | $13.9B | $82.2B |
| P/E ratio | — | 18.6 |
Higher yield
BEP
5.49%
Safer dividend
BEP
Grade C
Faster growth
BEP
5.2%
Better value
NGG
+22% upside
BEP vs NGG — FAQ
Is BEP or NGG a better dividend stock?
BEP and NGG are closely matched. BEP has the higher yield; BEP scores better on safety.
Which has a higher dividend yield, BEP or NGG?
BEP has the higher forward dividend yield at 5.49%, versus 3.96% for NGG.
Is BEP or NGG safer?
BEP has the higher dividend-safety score (64/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is BEP 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 BEP, its fair-value estimate is 8% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.