NGG vs SBS: Which Is the Better Dividend Stock?
As of Nov 5, 2026, SBS (Companhia de Saneamento Básico do Estado de São Paulo - SABESP) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NGG offers the higher yield at 3.80%, SBS has the higher dividend-safety score, and SBS looks like the better value (its fair-value estimate is 151% above its share price).
Key facts: NGG vs SBS
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, National Grid plc (NGG) has the higher forward dividend yield at 3.80%, versus 0.72% for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS).
- As of Nov 5, 2026, SmarterDividends grades NGG's dividend safety C (51/100) and SBS's C (57/100).
- By SmarterDividends' count as of Nov 5, 2026, NGG has raised its dividend for 0 consecutive years and SBS for 4.
- As of Nov 5, 2026, NGG pays out 72% of its earnings as dividends and SBS pays out 32%.
- As of Nov 5, 2026, NGG's fair-value estimate is 16% above its share price and SBS's fair-value estimate is 151% above its share price, so SBS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGG vs SBS: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/ngg-vs-sbs
| Metric | NGG | SBS |
|---|---|---|
| Forward yield | 3.80% | 0.72% |
| Annual dividend | $3.24 | $0.03 |
| Payout ratio | 72% | 32% |
| Years of growth | 0 yr | 4 yr |
| 5-yr dividend growth | -0.1% | 21.1% |
| 5-yr total return | 27% | 277% |
| Dividend safety score | 51 (C) | 57 (C) |
| Fair value estimate | $100.21 | $11.50 |
| Upside to fair value | +16% | +151% |
| Frequency | semiannual | annual |
| Market cap | $86.9B | $16.2B |
| P/E ratio | 19.7 | 10.4 |
Higher yield
NGG
3.80%
Safer dividend
SBS
Grade C
Faster growth
SBS
21.1%
Better value
SBS
+151% upside
NGG vs SBS — FAQ
Is NGG or SBS a better dividend stock?
On the data, SBS wins more head-to-head categories (6 vs 2). NGG offers the higher yield (3.80%), while SBS 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 SBS?
NGG has the higher forward dividend yield at 3.80%, versus 0.72% for SBS.
Is NGG or SBS safer?
SBS has the higher dividend-safety score (57/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is NGG or SBS better value right now?
As of Nov 5, 2026, SBS looks like the better value: its fair-value estimate is 151% above its share price (undervalued). For NGG, its fair-value estimate is 16% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.