FTS vs NGG: Which Is the Better Dividend Stock?
As of Nov 13, 2026, FTS and NGG are closely matched. NGG offers the higher yield at 3.88%, FTS has the higher dividend-safety score, and NGG looks like the better value (its fair-value estimate is 24% above its share price).
Key facts: FTS vs NGG
Data as of · Source: SmarterDividends data
- As of Nov 13, 2026, National Grid plc (NGG) has the higher forward dividend yield at 3.88%, versus 3.15% for Fortis Inc. (FTS).
- As of Nov 13, 2026, SmarterDividends grades FTS's dividend safety B (70/100) and NGG's C (51/100).
- By SmarterDividends' count as of Nov 13, 2026, FTS has raised its dividend for 10 consecutive years and NGG for 0.
- As of Nov 13, 2026, FTS pays out 73% of its earnings as dividends and NGG pays out 72%.
- As of Nov 13, 2026, FTS's fair-value estimate is 17% below its share price and NGG's fair-value estimate is 24% above its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FTS vs NGG: Dividend Yield, Safety & Value Compared," updated Nov 13, 2026, https://smarterdividends.com/compare/fts-vs-ngg
| Metric | FTS | NGG |
|---|---|---|
| Forward yield | 3.15% | 3.88% |
| Annual dividend | $1.87 | $3.24 |
| Payout ratio | 73% | 72% |
| Years of growth | 10 yr | 0 yr |
| 5-yr dividend growth | 4.2% | -0.1% |
| 5-yr total return | 38% | 28% |
| Dividend safety score | 70 (B) | 51 (C) |
| Fair value estimate | $49.37 | $103.63 |
| Upside to fair value | -17% | +24% |
| Frequency | quarterly | semiannual |
| Market cap | $30.5B | $84.1B |
| P/E ratio | 23.3 | 15.6 |
Higher yield
NGG
3.88%
Safer dividend
FTS
Grade B
Faster growth
FTS
4.2%
Better value
NGG
+24% upside
FTS vs NGG — FAQ
Is FTS or NGG a better dividend stock?
FTS and NGG are closely matched. NGG has the higher yield; FTS scores better on safety.
Which has a higher dividend yield, FTS or NGG?
NGG has the higher forward dividend yield at 3.88%, versus 3.15% for FTS.
Is FTS or NGG safer?
FTS has the higher dividend-safety score (70/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is FTS or NGG better value right now?
As of Nov 13, 2026, NGG looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For FTS, its fair-value estimate is 17% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.