ES vs NGG: Which Is the Better Dividend Stock?
As of Nov 5, 2026, ES (Eversource Energy) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ES offers the higher yield at 4.47%, ES has the higher dividend-safety score, and NGG looks like the better value (its fair-value estimate is 16% above its share price).
Key facts: ES vs NGG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Eversource Energy (ES) has the higher forward dividend yield at 4.47%, versus 3.80% for National Grid plc (NGG).
- As of Nov 5, 2026, SmarterDividends grades ES's dividend safety A (82/100) and NGG's C (51/100).
- By SmarterDividends' count as of Nov 5, 2026, ES has raised its dividend for 25 consecutive years and NGG for 0.
- As of Nov 5, 2026, ES pays out 65% of its earnings as dividends and NGG pays out 72%.
- As of Nov 5, 2026, ES's fair-value estimate is 5% above its share price and NGG's fair-value estimate is 16% above its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ES vs NGG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/es-vs-ngg
| Metric | ES | NGG |
|---|---|---|
| Forward yield | 4.47% | 3.80% |
| Annual dividend | $3.15 | $3.24 |
| Payout ratio | 65% | 72% |
| Years of growth | 25 yr | 0 yr |
| 5-yr dividend growth | 5.8% | -0.1% |
| 5-yr total return | -17% | 27% |
| Dividend safety score | 82 (A) | 51 (C) |
| Fair value estimate | $75.12 | $100.21 |
| Upside to fair value | +5% | +16% |
| Frequency | quarterly | semiannual |
| Market cap | $27.0B | $86.9B |
| P/E ratio | 18.6 | 19.7 |
Higher yield
ES
4.47%
Safer dividend
ES
Grade A
Faster growth
ES
5.8%
Better value
NGG
+16% upside
ES vs NGG — FAQ
Is ES or NGG a better dividend stock?
On the data, ES wins more head-to-head categories (5 vs 3). ES offers the higher yield (4.47%), while ES has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ES or NGG?
ES has the higher forward dividend yield at 4.47%, versus 3.80% for NGG.
Is ES or NGG safer?
ES has the higher dividend-safety score (82/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is ES or NGG better value right now?
As of Nov 5, 2026, NGG looks like the better value: its fair-value estimate is 16% above its share price (undervalued). For ES, its fair-value estimate is 5% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.