ERRAF vs NGG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, ERRAF and NGG are closely matched. ERRAF offers the higher yield at 6.16%, ERRAF 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: ERRAF vs NGG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Emera Incorporated (ERRAF) has the higher forward dividend yield at 6.16%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades ERRAF's dividend safety B (79/100) and NGG's C (51/100).
- As of Oct 27, 2026, ERRAF's fair-value estimate is 12% 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, "ERRAF vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/erraf-vs-ngg
| Metric | ERRAF | NGG |
|---|---|---|
| Forward yield | 6.16% | 3.96% |
| Annual dividend | $1.15 | $3.24 |
| Payout ratio | — | 72% |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | 6.4% | -0.1% |
| 5-yr total return | -2% | 24% |
| Dividend safety score | 79 (B) | 51 (C) |
| Fair value estimate | $16.38 | $100.15 |
| Upside to fair value | -12% | +22% |
| Frequency | quarterly | semiannual |
| Market cap | — | $82.2B |
| P/E ratio | 10.5 | 18.6 |
Higher yield
ERRAF
6.16%
Safer dividend
ERRAF
Grade B
Faster growth
ERRAF
6.4%
Better value
NGG
+22% upside
ERRAF vs NGG — FAQ
Is ERRAF or NGG a better dividend stock?
ERRAF and NGG are closely matched. ERRAF has the higher yield; ERRAF scores better on safety.
Which has a higher dividend yield, ERRAF or NGG?
ERRAF has the higher forward dividend yield at 6.16%, versus 3.96% for NGG.
Is ERRAF or NGG safer?
ERRAF has the higher dividend-safety score (79/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is ERRAF 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 ERRAF, its fair-value estimate is 12% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.