SmarterDividends

CNLTP vs NGG: Which Is the Better Dividend Stock?

As of Oct 27, 2026, CNLTP and NGG are closely matched. CNLTP offers the higher yield at 6.58%, CNLTP 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: CNLTP vs NGG

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, The Connecticut Light and Power Company (CNLTP) has the higher forward dividend yield at 6.58%, versus 3.96% for National Grid plc (NGG).
  • As of Oct 27, 2026, SmarterDividends grades CNLTP's dividend safety A (94/100) and NGG's C (51/100).
  • As of Oct 27, 2026, CNLTP'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, "CNLTP vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cnltp-vs-ngg

MetricCNLTPNGG
Forward yield6.58%3.96%
Annual dividend$2.20$3.24
Payout ratio—72%
Years of growth0 yr0 yr
5-yr dividend growth0.0%-0.1%
5-yr total return-34%24%
Dividend safety score94 (A)51 (C)
Fair value estimate$28.79$100.15
Upside to fair value-14%+22%
Frequencyquarterlysemiannual
Market cap—$82.2B
P/E ratio0.418.6

Higher yield

CNLTP

6.58%

Safer dividend

CNLTP

Grade A

Faster growth

CNLTP

0.0%

Better value

NGG

+22% upside

CNLTP vs NGG — FAQ

Is CNLTP or NGG a better dividend stock?

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

Which has a higher dividend yield, CNLTP or NGG?

CNLTP has the higher forward dividend yield at 6.58%, versus 3.96% for NGG.

Is CNLTP or NGG safer?

CNLTP has the higher dividend-safety score (94/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is CNLTP 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 CNLTP, its fair-value estimate is 14% below its share price.

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