BEPC vs NGG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, BEPC and NGG are closely matched. BEPC offers the higher yield at 5.35%, BEPC 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: BEPC vs NGG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Brookfield Renewable Corporation (BEPC) has the higher forward dividend yield at 5.35%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades BEPC's dividend safety B (66/100) and NGG's C (51/100).
- By SmarterDividends' count as of Oct 27, 2026, BEPC has raised its dividend for 5 consecutive years and NGG for 0.
- As of Oct 27, 2026, BEPC pays out 108% of its earnings as dividends and NGG pays out 72%.
- As of Oct 27, 2026, BEPC's fair-value estimate is 37% 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, "BEPC vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bepc-vs-ngg
| Metric | BEPC | NGG |
|---|---|---|
| Forward yield | 5.35% | 3.96% |
| Annual dividend | $1.57 | $3.24 |
| Payout ratio | 108% | 72% |
| Years of growth | 5 yr | 0 yr |
| 5-yr dividend growth | 5.2% | -0.1% |
| 5-yr total return | -22% | 24% |
| Dividend safety score | 66 (B) | 51 (C) |
| Fair value estimate | $18.58 | $100.15 |
| Upside to fair value | -37% | +22% |
| Frequency | quarterly | semiannual |
| Market cap | $5.4B | $82.2B |
| P/E ratio | — | 18.6 |
Higher yield
BEPC
5.35%
Safer dividend
BEPC
Grade B
Faster growth
BEPC
5.2%
Better value
NGG
+22% upside
BEPC vs NGG — FAQ
Is BEPC or NGG a better dividend stock?
BEPC and NGG are closely matched. BEPC has the higher yield; BEPC scores better on safety.
Which has a higher dividend yield, BEPC or NGG?
BEPC has the higher forward dividend yield at 5.35%, versus 3.96% for NGG.
Is BEPC or NGG safer?
BEPC has the higher dividend-safety score (66/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is BEPC 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 BEPC, its fair-value estimate is 37% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.
