SmarterDividends

NGG vs UEPEM: Which Is the Better Dividend Stock?

As of Oct 27, 2026, UEPEM (Union Electric Company) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. UEPEM offers the higher yield at 6.56%, UEPEM 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 UEPEM

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Union Electric Company (UEPEM) has the higher forward dividend yield at 6.56%, versus 3.96% for National Grid plc (NGG).
  • As of Oct 27, 2026, SmarterDividends grades NGG's dividend safety C (51/100) and UEPEM's A (84/100).
  • As of Oct 27, 2026, NGG's fair-value estimate is 22% above its share price and UEPEM's fair-value estimate is 24% below its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NGG vs UEPEM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ngg-vs-uepem

MetricNGGUEPEM
Forward yield3.96%6.56%
Annual dividend$3.24$4.00
Payout ratio72%—
Years of growth0 yr0 yr
5-yr dividend growth-0.1%0.0%
5-yr total return24%-37%
Dividend safety score51 (C)84 (A)
Fair value estimate$100.15$46.63
Upside to fair value+22%-24%
Frequencysemiannualquarterly
Market cap$82.2B—
P/E ratio18.612.0

Higher yield

UEPEM

6.56%

Safer dividend

UEPEM

Grade A

Faster growth

UEPEM

0.0%

Better value

NGG

+22% upside

NGG vs UEPEM — FAQ

Is NGG or UEPEM a better dividend stock?

On the data, UEPEM wins more head-to-head categories (4 vs 2). UEPEM offers the higher yield (6.56%), while UEPEM 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 UEPEM?

UEPEM has the higher forward dividend yield at 6.56%, versus 3.96% for NGG.

Is NGG or UEPEM safer?

UEPEM has the higher dividend-safety score (84/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is NGG or UEPEM 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 UEPEM, its fair-value estimate is 24% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.