CNLPM vs NGG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CNLPM and NGG are closely matched. CNLPM offers the higher yield at 6.54%, CNLPM 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: CNLPM vs NGG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, The Connecticut Light and Power Company (CNLPM) has the higher forward dividend yield at 6.54%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades CNLPM's dividend safety A (92/100) and NGG's C (51/100).
- As of Oct 27, 2026, CNLPM's fair-value estimate is 14% 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, "CNLPM vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cnlpm-vs-ngg
| Metric | CNLPM | NGG |
|---|---|---|
| Forward yield | 6.54% | 3.96% |
| Annual dividend | $2.06 | $3.24 |
| Payout ratio | — | 72% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 0.0% | -0.1% |
| 5-yr total return | -37% | 24% |
| Dividend safety score | 92 (A) | 51 (C) |
| Fair value estimate | $26.96 | $100.15 |
| Upside to fair value | -14% | +22% |
| Frequency | quarterly | semiannual |
| Market cap | — | $82.2B |
| P/E ratio | 0.4 | 18.6 |
Higher yield
CNLPM
6.54%
Safer dividend
CNLPM
Grade A
Faster growth
CNLPM
0.0%
Better value
NGG
+22% upside
CNLPM vs NGG — FAQ
Is CNLPM or NGG a better dividend stock?
CNLPM and NGG are closely matched. CNLPM has the higher yield; CNLPM scores better on safety.
Which has a higher dividend yield, CNLPM or NGG?
CNLPM has the higher forward dividend yield at 6.54%, versus 3.96% for NGG.
Is CNLPM or NGG safer?
CNLPM has the higher dividend-safety score (92/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is CNLPM 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 CNLPM, its fair-value estimate is 14% below its share price.
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