HTO vs NGGTF: Which Is the Better Dividend Stock?
As of Oct 19, 2026, HTO and NGGTF are closely matched. NGGTF offers the higher yield at 3.96%, HTO has the higher dividend-safety score, and NGGTF looks like the better value (its fair-value estimate is 20% above its share price).
Key facts: HTO vs NGGTF
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, National Grid plc (NGGTF) has the higher forward dividend yield at 3.96%, versus 3.05% for H2O America (HTO).
- As of Oct 19, 2026, SmarterDividends grades HTO's dividend safety A (90/100) and NGGTF's C (50/100).
- By SmarterDividends' count as of Oct 19, 2026, HTO has raised its dividend for 45 consecutive years and NGGTF for 1.
- As of Oct 19, 2026, HTO pays out 61% of its earnings as dividends and NGGTF pays out 72%.
- As of Oct 19, 2026, HTO's fair-value estimate is 6% above its share price and NGGTF's fair-value estimate is 20% above its share price, so NGGTF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HTO vs NGGTF: Dividend Yield, Safety & Value Compared," updated Oct 19, 2026, https://smarterdividends.com/compare/hto-vs-nggtf
| Metric | HTO | NGGTF |
|---|---|---|
| Forward yield | 3.05% | 3.96% |
| Annual dividend | $1.76 | $0.65 |
| Payout ratio | 61% | 72% |
| Years of growth | 45 yr | 1 yr |
| 5-yr dividend growth | 5.6% | 5.9% |
| 5-yr total return | -14% | 22% |
| Dividend safety score | 90 (A) | 50 (C) |
| Fair value estimate | $61.15 | $19.77 |
| Upside to fair value | +6% | +20% |
| Frequency | quarterly | semiannual |
| Market cap | $2.4B | $82.6B |
| P/E ratio | 20.4 | 18.7 |
Higher yield
NGGTF
3.96%
Safer dividend
HTO
Grade A
Faster growth
NGGTF
5.9%
Better value
NGGTF
+20% upside
HTO vs NGGTF — FAQ
Is HTO or NGGTF a better dividend stock?
HTO and NGGTF are closely matched. NGGTF has the higher yield; HTO scores better on safety.
Which has a higher dividend yield, HTO or NGGTF?
NGGTF has the higher forward dividend yield at 3.96%, versus 3.05% for HTO.
Is HTO or NGGTF safer?
HTO has the higher dividend-safety score (90/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is HTO or NGGTF better value right now?
As of Oct 19, 2026, NGGTF looks like the better value: its fair-value estimate is 20% above its share price (undervalued). For HTO, its fair-value estimate is 6% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.