CWEN vs NGG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, CWEN and NGG are closely matched. CWEN offers the higher yield at 5.91%, CWEN 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: CWEN vs NGG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Clearway Energy, Inc. (CWEN) has the higher forward dividend yield at 5.91%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades CWEN's dividend safety C (59/100) and NGG's C (51/100).
- By SmarterDividends' count as of Oct 27, 2026, CWEN has raised its dividend for 6 consecutive years and NGG for 0.
- As of Oct 27, 2026, CWEN pays out 237% of its earnings as dividends and NGG pays out 72%.
- As of Oct 27, 2026, CWEN'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, "CWEN vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cwen-vs-ngg
| Metric | CWEN | NGG |
|---|---|---|
| Forward yield | 5.91% | 3.96% |
| Annual dividend | $1.86 | $3.24 |
| Payout ratio | 237% | 72% |
| Years of growth | 6 yr | 0 yr |
| 5-yr dividend growth | 11.0% | -0.1% |
| 5-yr total return | -17% | 24% |
| Dividend safety score | 59 (C) | 51 (C) |
| Fair value estimate | $26.97 | $100.15 |
| Upside to fair value | -14% | +22% |
| Frequency | quarterly | semiannual |
| Market cap | $7.7B | $82.2B |
| P/E ratio | 40.8 | 18.6 |
Higher yield
CWEN
5.91%
Safer dividend
CWEN
Grade C
Faster growth
CWEN
11.0%
Better value
NGG
+22% upside
CWEN vs NGG — FAQ
Is CWEN or NGG a better dividend stock?
CWEN and NGG are closely matched. CWEN has the higher yield; CWEN scores better on safety.
Which has a higher dividend yield, CWEN or NGG?
CWEN has the higher forward dividend yield at 5.91%, versus 3.96% for NGG.
Is CWEN or NGG safer?
CWEN has the higher dividend-safety score (59/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is CWEN 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 CWEN, its fair-value estimate is 14% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.