SmarterDividends

NGG vs UEPEO: Which Is the Better Dividend Stock?

As of Oct 27, 2026, UEPEO (Union Electric Company) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. UEPEO offers the higher yield at 6.50%, UEPEO 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 UEPEO

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Union Electric Company (UEPEO) has the higher forward dividend yield at 6.50%, versus 3.96% for National Grid plc (NGG).
  • As of Oct 27, 2026, SmarterDividends grades NGG's dividend safety C (51/100) and UEPEO's A (89/100).
  • As of Oct 27, 2026, NGG's fair-value estimate is 22% above its share price and UEPEO's fair-value estimate is 28% below its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricNGGUEPEO
Forward yield3.96%6.50%
Annual dividend$3.24$4.50
Payout ratio72%—
Years of growth0 yr0 yr
5-yr dividend growth-0.1%0.0%
5-yr total return24%-33%
Dividend safety score51 (C)89 (A)
Fair value estimate$100.15$50.20
Upside to fair value+22%-28%
Frequencysemiannualquarterly
Market cap$82.2B—
P/E ratio18.613.6

Higher yield

UEPEO

6.50%

Safer dividend

UEPEO

Grade A

Faster growth

UEPEO

0.0%

Better value

NGG

+22% upside

NGG vs UEPEO — FAQ

Is NGG or UEPEO a better dividend stock?

On the data, UEPEO wins more head-to-head categories (4 vs 2). UEPEO offers the higher yield (6.50%), while UEPEO 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 UEPEO?

UEPEO has the higher forward dividend yield at 6.50%, versus 3.96% for NGG.

Is NGG or UEPEO safer?

UEPEO has the higher dividend-safety score (89/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is NGG or UEPEO 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 UEPEO, its fair-value estimate is 28% below its share price.

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