SmarterDividends

CNPWP vs NGG: Which Is the Better Dividend Stock?

As of Oct 27, 2026, CNPWP and NGG are closely matched. CNPWP offers the higher yield at 6.53%, CNPWP 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: CNPWP vs NGG

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, The Connecticut Light and Power Company (CNPWP) has the higher forward dividend yield at 6.53%, versus 3.96% for National Grid plc (NGG).
  • As of Oct 27, 2026, SmarterDividends grades CNPWP's dividend safety A (89/100) and NGG's C (51/100).
  • As of Oct 27, 2026, CNPWP's fair-value estimate is 15% 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, "CNPWP vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cnpwp-vs-ngg

MetricCNPWPNGG
Forward yield6.53%3.96%
Annual dividend$2.04$3.24
Payout ratio—72%
Years of growth0 yr0 yr
5-yr dividend growth0.0%-0.1%
5-yr total return-39%24%
Dividend safety score89 (A)51 (C)
Fair value estimate$26.70$100.15
Upside to fair value-15%+22%
Frequencyquarterlysemiannual
Market cap—$82.2B
P/E ratio0.418.6

Higher yield

CNPWP

6.53%

Safer dividend

CNPWP

Grade A

Faster growth

CNPWP

0.0%

Better value

NGG

+22% upside

CNPWP vs NGG — FAQ

Is CNPWP or NGG a better dividend stock?

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

Which has a higher dividend yield, CNPWP or NGG?

CNPWP has the higher forward dividend yield at 6.53%, versus 3.96% for NGG.

Is CNPWP or NGG safer?

CNPWP has the higher dividend-safety score (89/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is CNPWP 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 CNPWP, its fair-value estimate is 15% below its share price.

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