NGG vs UEPEN: Which Is the Better Dividend Stock?
As of Oct 27, 2026, UEPEN (Union Electric Company) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. UEPEN offers the higher yield at 5.74%, UEPEN 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 UEPEN
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Union Electric Company (UEPEN) has the higher forward dividend yield at 5.74%, versus 3.96% for National Grid plc (NGG).
- As of Oct 27, 2026, SmarterDividends grades NGG's dividend safety C (51/100) and UEPEN's A (89/100).
- As of Oct 27, 2026, NGG's fair-value estimate is 22% above its share price and UEPEN's fair-value estimate is 29% below its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGG vs UEPEN: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ngg-vs-uepen
| Metric | NGG | UEPEN |
|---|---|---|
| Forward yield | 3.96% | 5.74% |
| Annual dividend | $3.24 | $3.50 |
| Payout ratio | 72% | — |
| Years of growth | 0 yr | 0 yr |
| 5-yr dividend growth | -0.1% | 0.0% |
| 5-yr total return | 24% | -30% |
| Dividend safety score | 51 (C) | 89 (A) |
| Fair value estimate | $100.15 | $43.06 |
| Upside to fair value | +22% | -29% |
| Frequency | semiannual | quarterly |
| Market cap | $82.2B | — |
| P/E ratio | 18.6 | 12.0 |
Higher yield
UEPEN
5.74%
Safer dividend
UEPEN
Grade A
Faster growth
UEPEN
0.0%
Better value
NGG
+22% upside
NGG vs UEPEN — FAQ
Is NGG or UEPEN a better dividend stock?
On the data, UEPEN wins more head-to-head categories (4 vs 2). UEPEN offers the higher yield (5.74%), while UEPEN 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 UEPEN?
UEPEN has the higher forward dividend yield at 5.74%, versus 3.96% for NGG.
Is NGG or UEPEN safer?
UEPEN has the higher dividend-safety score (89/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is NGG or UEPEN 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 UEPEN, its fair-value estimate is 29% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.