NGG vs NGGTF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, NGG (National Grid plc) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NGG offers the higher yield at 3.99%, NGG has the higher dividend-safety score, and NGG looks like the better value (its fair-value estimate is 23% above its share price).
Key facts: NGG vs NGGTF
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, National Grid plc (NGG) has the higher forward dividend yield at 3.99%, versus 3.96% for National Grid plc (NGGTF).
- As of Oct 18, 2026, SmarterDividends grades NGG's dividend safety C (51/100) and NGGTF's C (50/100).
- As of Oct 18, 2026, NGG pays out 72% of its earnings as dividends and NGGTF pays out 72%.
- As of Oct 18, 2026, NGG's fair-value estimate is 23% above its share price and NGGTF's fair-value estimate is 20% above its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGG vs NGGTF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ngg-vs-nggtf
| Metric | NGG | NGGTF |
|---|---|---|
| Forward yield | 3.99% | 3.96% |
| Annual dividend | $3.24 | $0.65 |
| Payout ratio | 72% | 72% |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | -0.1% | 5.9% |
| 5-yr total return | 23% | 22% |
| Dividend safety score | 51 (C) | 50 (C) |
| Fair value estimate | $100.02 | $19.77 |
| Upside to fair value | +23% | +20% |
| Frequency | semiannual | semiannual |
| Market cap | $81.7B | $82.6B |
| P/E ratio | 18.5 | 18.7 |
Higher yield
NGG
3.99%
Safer dividend
NGG
Grade C
Faster growth
NGGTF
5.9%
Better value
NGG
+23% upside
NGG vs NGGTF — FAQ
Is NGG or NGGTF a better dividend stock?
On the data, NGG wins more head-to-head categories (6 vs 2). NGG offers the higher yield (3.99%), 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, NGG or NGGTF?
NGG has the higher forward dividend yield at 3.99%, versus 3.96% for NGGTF.
Is NGG or NGGTF safer?
NGG has the higher dividend-safety score (51/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is NGG or NGGTF better value right now?
As of Oct 18, 2026, NGG looks like the better value: its fair-value estimate is 23% above its share price (undervalued). For NGGTF, its fair-value estimate is 20% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.