NGGTF vs SR: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SR (Spire Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. SR offers the higher yield at 4.02%, SR 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 SR
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Spire Inc. (SR) has the higher forward dividend yield at 4.02%, versus 3.96% for National Grid plc (NGGTF).
- As of Oct 18, 2026, SmarterDividends grades NGGTF's dividend safety C (50/100) and SR's A (88/100).
- By SmarterDividends' count as of Oct 18, 2026, NGGTF has raised its dividend for 1 consecutive years and SR for 22.
- As of Oct 18, 2026, NGGTF pays out 72% of its earnings as dividends and SR pays out 72%.
- As of Oct 18, 2026, NGGTF's fair-value estimate is 20% above its share price and SR's fair-value estimate is 13% above its share price, so NGGTF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGGTF vs SR: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nggtf-vs-sr
| Metric | NGGTF | SR |
|---|---|---|
| Forward yield | 3.96% | 4.02% |
| Annual dividend | $0.65 | $3.30 |
| Payout ratio | 72% | 72% |
| Years of growth | 1 yr | 22 yr |
| 5-yr dividend growth | 5.9% | 4.8% |
| 5-yr total return | 22% | 37% |
| Dividend safety score | 50 (C) | 88 (A) |
| Fair value estimate | $19.77 | $92.62 |
| Upside to fair value | +20% | +13% |
| Frequency | semiannual | quarterly |
| Market cap | $82.6B | $4.8B |
| P/E ratio | 18.7 | 23.8 |
Higher yield
SR
4.02%
Safer dividend
SR
Grade A
Faster growth
NGGTF
5.9%
Better value
NGGTF
+20% upside
NGGTF vs SR — FAQ
Is NGGTF or SR a better dividend stock?
On the data, SR wins more head-to-head categories (6 vs 2). SR offers the higher yield (4.02%), while SR 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 SR?
SR has the higher forward dividend yield at 4.02%, versus 3.96% for NGGTF.
Is NGGTF or SR safer?
SR has the higher dividend-safety score (88/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is NGGTF or SR 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 SR, its fair-value estimate is 13% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.