KEN vs NGG: Which Is the Better Dividend Stock?
As of Oct 27, 2026, KEN (Kenon Holdings Ltd.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. KEN offers the higher yield at 5.81%, NGG has the higher dividend-safety score, and KEN looks like the better value (its fair-value estimate is 49% above its share price).
Key facts: KEN vs NGG
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Kenon Holdings Ltd. (KEN) has the higher forward dividend yield at 5.81%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades KEN's dividend safety D (46/100) and NGG's C (51/100).
- By SmarterDividends' count as of Oct 27, 2026, KEN has raised its dividend for 2 consecutive years and NGG for 0.
- As of Oct 27, 2026, KEN pays out 168% of its earnings as dividends and NGG pays out 72%.
- As of Oct 27, 2026, KEN's fair-value estimate is 49% above its share price and NGG's fair-value estimate is 22% above its share price, so KEN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "KEN vs NGG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ken-vs-ngg
| Metric | KEN | NGG |
|---|---|---|
| Forward yield | 5.81% | 3.96% |
| Annual dividend | $3.85 | $3.24 |
| Payout ratio | 168% | 72% |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | 16.6% | -0.1% |
| 5-yr total return | 41% | 24% |
| Dividend safety score | 46 (D) | 51 (C) |
| Fair value estimate | $98.71 | $100.15 |
| Upside to fair value | +49% | +22% |
| Frequency | annual | semiannual |
| Market cap | $3.5B | $82.2B |
| P/E ratio | 28.9 | 18.6 |
Higher yield
KEN
5.81%
Safer dividend
NGG
Grade C
Faster growth
KEN
16.6%
Better value
KEN
+49% upside
KEN vs NGG — FAQ
Is KEN or NGG a better dividend stock?
On the data, KEN wins more head-to-head categories (6 vs 2). KEN offers the higher yield (5.81%), while NGG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, KEN or NGG?
KEN has the higher forward dividend yield at 5.81%, versus 3.96% for NGG.
Is KEN or NGG safer?
NGG has the higher dividend-safety score (51/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is KEN or NGG better value right now?
As of Oct 27, 2026, KEN looks like the better value: its fair-value estimate is 49% above its share price (undervalued). For NGG, its fair-value estimate is 22% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.