EMA vs NGG: Which Is the Better Dividend Stock?
As of September 2026, NGG (National Grid plc) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. EMA offers the higher yield at 4.29%, EMA has the higher dividend-safety score, and NGG trades at the larger discount to fair value (+39%).
| Metric | EMA | NGG |
|---|---|---|
| Forward yield | 4.29% | 4.22% |
| Annual dividend | $2.11 | $3.24 |
| Payout ratio | 93% | 71% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 2.3% | -0.1% |
| 5-yr total return | 6% | 20% |
| Dividend safety score | 54 (C) | 51 (C) |
| Fair value estimate | $29.32 | $107.09 |
| Upside to fair value | -41% | +39% |
| Frequency | quarterly | semiannual |
| Market cap | $15.1B | $77.2B |
| P/E ratio | 21.9 | 17.5 |
Higher yield
EMA
4.29%
Safer dividend
EMA
Grade C
Faster growth
EMA
2.3%
Better value
NGG
+39% upside
EMA vs NGG — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.