NGGTF vs NWE: Which Is the Better Dividend Stock?
As of Oct 18, 2026, NGGTF and NWE are closely matched. NGGTF offers the higher yield at 3.96%, NWE has the higher dividend-safety score, and NGGTF looks like the better value (its fair-value estimate is 20% above its share price).
Key facts: NGGTF vs NWE
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, National Grid plc (NGGTF) has the higher forward dividend yield at 3.96%, versus 3.59% for NorthWestern Energy Group, Inc. (NWE).
- As of Oct 18, 2026, SmarterDividends grades NGGTF's dividend safety C (50/100) and NWE's A (84/100).
- By SmarterDividends' count as of Oct 18, 2026, NGGTF has raised its dividend for 1 consecutive years and NWE for 17.
- As of Oct 18, 2026, NGGTF pays out 72% of its earnings as dividends and NWE pays out 96%.
- As of Oct 18, 2026, NGGTF's fair-value estimate is 20% above its share price and NWE's fair-value estimate is 21% below its share price, so NGGTF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGGTF vs NWE: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nggtf-vs-nwe
| Metric | NGGTF | NWE |
|---|---|---|
| Forward yield | 3.96% | 3.59% |
| Annual dividend | $0.65 | $2.68 |
| Payout ratio | 72% | 96% |
| Years of growth | 1 yr | 17 yr |
| 5-yr dividend growth | 5.9% | 1.9% |
| 5-yr total return | 22% | 35% |
| Dividend safety score | 50 (C) | 84 (A) |
| Fair value estimate | $19.77 | $59.12 |
| Upside to fair value | +20% | -21% |
| Frequency | semiannual | quarterly |
| Market cap | $82.6B | $4.6B |
| P/E ratio | 18.7 | 27.0 |
Higher yield
NGGTF
3.96%
Safer dividend
NWE
Grade A
Faster growth
NGGTF
5.9%
Better value
NGGTF
+20% upside
NGGTF vs NWE — FAQ
Is NGGTF or NWE a better dividend stock?
NGGTF and NWE are closely matched. NGGTF has the higher yield; NWE scores better on safety.
Which has a higher dividend yield, NGGTF or NWE?
NGGTF has the higher forward dividend yield at 3.96%, versus 3.59% for NWE.
Is NGGTF or NWE safer?
NWE has the higher dividend-safety score (84/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is NGGTF or NWE better value right now?
As of Oct 18, 2026, NGGTF looks like the better value: its fair-value estimate is 20% above its share price (undervalued). For NWE, its fair-value estimate is 21% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.