NGG vs UEPCO: Which Is the Better Dividend Stock?
As of Oct 27, 2026, UEPCO (Union Electric Company) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. UEPCO offers the higher yield at 6.40%, UEPCO has the higher dividend-safety score, and NGG looks like the better value (its fair-value estimate is 22% above its share price).
Key facts: NGG vs UEPCO
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Union Electric Company (UEPCO) has the higher forward dividend yield at 6.40%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades NGG's dividend safety C (51/100) and UEPCO's A (83/100).
- As of Oct 27, 2026, NGG's fair-value estimate is 22% above its share price and UEPCO's fair-value estimate is 33% below its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGG vs UEPCO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ngg-vs-uepco
| Metric | NGG | UEPCO |
|---|---|---|
| Forward yield | 3.96% | 6.40% |
| Annual dividend | $3.24 | $5.50 |
| Payout ratio | 72% | — |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -0.1% | 0.0% |
| 5-yr total return | 24% | -45% |
| Dividend safety score | 51 (C) | 83 (A) |
| Fair value estimate | $100.15 | $57.33 |
| Upside to fair value | +22% | -33% |
| Frequency | semiannual | quarterly |
| Market cap | $82.2B | — |
| P/E ratio | 18.6 | 16.9 |
Higher yield
UEPCO
6.40%
Safer dividend
UEPCO
Grade A
Faster growth
UEPCO
0.0%
Better value
NGG
+22% upside
NGG vs UEPCO — FAQ
Is NGG or UEPCO a better dividend stock?
On the data, UEPCO wins more head-to-head categories (4 vs 2). UEPCO offers the higher yield (6.40%), while UEPCO 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 UEPCO?
UEPCO has the higher forward dividend yield at 6.40%, versus 3.96% for NGG.
Is NGG or UEPCO safer?
UEPCO has the higher dividend-safety score (83/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is NGG or UEPCO better value right now?
As of Oct 27, 2026, NGG looks like the better value: its fair-value estimate is 22% above its share price (undervalued). For UEPCO, its fair-value estimate is 33% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.