NGGTF vs OGS: Which Is the Better Dividend Stock?
As of Oct 18, 2026, OGS (ONE Gas, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NGGTF offers the higher yield at 3.96%, OGS has the higher dividend-safety score, and OGS looks like the better value (its fair-value estimate is 42% above its share price).
Key facts: NGGTF vs OGS
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 3.60% for ONE Gas, Inc. (OGS).
- As of Oct 18, 2026, SmarterDividends grades NGGTF's dividend safety C (50/100) and OGS's A (85/100).
- By SmarterDividends' count as of Oct 18, 2026, NGGTF has raised its dividend for 1 consecutive years and OGS for 11.
- As of Oct 18, 2026, NGGTF pays out 72% of its earnings as dividends and OGS pays out 58%.
- As of Oct 18, 2026, NGGTF's fair-value estimate is 20% above its share price and OGS's fair-value estimate is 42% above its share price, so OGS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGGTF vs OGS: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nggtf-vs-ogs
| Metric | NGGTF | OGS |
|---|---|---|
| Forward yield | 3.96% | 3.60% |
| Annual dividend | $0.65 | $2.72 |
| Payout ratio | 72% | 58% |
| Years of growth | 1 yr | 11 yr |
| 5-yr dividend growth | 5.9% | 4.4% |
| 5-yr total return | 22% | 17% |
| Dividend safety score | 50 (C) | 85 (A) |
| Fair value estimate | $19.77 | $107.06 |
| Upside to fair value | +20% | +42% |
| Frequency | semiannual | quarterly |
| Market cap | $82.6B | $4.8B |
| P/E ratio | 18.7 | 16.3 |
Higher yield
NGGTF
3.96%
Safer dividend
OGS
Grade A
Faster growth
NGGTF
5.9%
Better value
OGS
+42% upside
NGGTF vs OGS — FAQ
Is NGGTF or OGS a better dividend stock?
On the data, OGS wins more head-to-head categories (5 vs 3). NGGTF offers the higher yield (3.96%), while OGS has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, NGGTF or OGS?
NGGTF has the higher forward dividend yield at 3.96%, versus 3.60% for OGS.
Is NGGTF or OGS safer?
OGS has the higher dividend-safety score (85/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is NGGTF or OGS better value right now?
As of Oct 18, 2026, OGS looks like the better value: its fair-value estimate is 42% above its share price (undervalued). For NGGTF, its fair-value estimate is 20% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.