EIX vs NGG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, EIX (Edison International) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. EIX offers the higher yield at 6.07%, EIX has the higher dividend-safety score, and EIX looks like the better value (its fair-value estimate is 113% above its share price).
Key facts: EIX vs NGG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Edison International (EIX) has the higher forward dividend yield at 6.07%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades EIX's dividend safety A (84/100) and NGG's C (51/100).
- By SmarterDividends' count as of Oct 27, 2026, EIX has raised its dividend for 21 consecutive years and NGG for 0.
- As of Oct 27, 2026, EIX pays out 36% of its earnings as dividends and NGG pays out 72%.
- As of Oct 27, 2026, EIX's fair-value estimate is 113% above its share price and NGG's fair-value estimate is 22% above its share price, so EIX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "EIX vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/eix-vs-ngg
| Metric | EIX | NGG |
|---|---|---|
| Forward yield | 6.07% | 3.96% |
| Annual dividend | $3.51 | $3.24 |
| Payout ratio | 36% | 72% |
| Years of growth | 21 yr | 0 yr |
| 5-yr dividend growth | 5.1% | -0.1% |
| 5-yr total return | -12% | 24% |
| Dividend safety score | 84 (A) | 51 (C) |
| Fair value estimate | $122.95 | $100.15 |
| Upside to fair value | +113% | +22% |
| Frequency | quarterly | semiannual |
| Market cap | $22.2B | $82.2B |
| P/E ratio | 6.0 | 18.6 |
Higher yield
EIX
6.07%
Safer dividend
EIX
Grade A
Faster growth
EIX
5.1%
Better value
EIX
+113% upside
EIX vs NGG — FAQ
Is EIX or NGG a better dividend stock?
On the data, EIX wins more head-to-head categories (7 vs 1). EIX offers the higher yield (6.07%), while EIX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, EIX or NGG?
EIX has the higher forward dividend yield at 6.07%, versus 3.96% for NGG.
Is EIX or NGG safer?
EIX has the higher dividend-safety score (84/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is EIX or NGG better value right now?
As of Oct 27, 2026, EIX looks like the better value: its fair-value estimate is 113% above its share price (undervalued). For NGG, its fair-value estimate is 22% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.