SmarterDividends

CNLHP vs NGG: Which Is the Better Dividend Stock?

As of Oct 27, 2026, CNLHP and NGG are closely matched. CNLHP offers the higher yield at 6.43%, CNLHP 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: CNLHP vs NGG

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, The Connecticut Light and Power Company (CNLHP) has the higher forward dividend yield at 6.43%, versus 3.96% for National Grid plc (NGG).
  • As of Oct 27, 2026, SmarterDividends grades CNLHP's dividend safety A (85/100) and NGG's C (51/100).
  • As of Oct 27, 2026, CNLHP's fair-value estimate is 16% 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, "CNLHP vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cnlhp-vs-ngg

MetricCNLHPNGG
Forward yield6.43%3.96%
Annual dividend$2.25$3.24
Payout ratio—72%
Years of growth0 yr0 yr
5-yr dividend growth0.0%-0.1%
5-yr total return-31%24%
Dividend safety score85 (A)51 (C)
Fair value estimate$29.45$100.15
Upside to fair value-16%+22%
Frequencyquarterlysemiannual
Market cap—$82.2B
P/E ratio0.518.6

Higher yield

CNLHP

6.43%

Safer dividend

CNLHP

Grade A

Faster growth

CNLHP

0.0%

Better value

NGG

+22% upside

CNLHP vs NGG — FAQ

Is CNLHP or NGG a better dividend stock?

CNLHP and NGG are closely matched. CNLHP has the higher yield; CNLHP scores better on safety.

Which has a higher dividend yield, CNLHP or NGG?

CNLHP has the higher forward dividend yield at 6.43%, versus 3.96% for NGG.

Is CNLHP or NGG safer?

CNLHP has the higher dividend-safety score (85/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is CNLHP 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 CNLHP, its fair-value estimate is 16% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.