NGGTF vs UTL: Which Is the Better Dividend Stock?
As of Oct 18, 2026, UTL (Unitil Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NGGTF offers the higher yield at 3.96%, UTL 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 UTL
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 3.51% for Unitil Corporation (UTL).
- As of Oct 18, 2026, SmarterDividends grades NGGTF's dividend safety C (50/100) and UTL's A (90/100).
- By SmarterDividends' count as of Oct 18, 2026, NGGTF has raised its dividend for 1 consecutive years and UTL for 11.
- As of Oct 18, 2026, NGGTF pays out 72% of its earnings as dividends and UTL pays out 58%.
- As of Oct 18, 2026, NGGTF's fair-value estimate is 20% above its share price and UTL's fair-value estimate is 1% below its share price, so NGGTF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NGGTF vs UTL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nggtf-vs-utl
| Metric | NGGTF | UTL |
|---|---|---|
| Forward yield | 3.96% | 3.51% |
| Annual dividend | $0.65 | $1.90 |
| Payout ratio | 72% | 58% |
| Years of growth | 1 yr | 11 yr |
| 5-yr dividend growth | 5.9% | 3.7% |
| 5-yr total return | 22% | 30% |
| Dividend safety score | 50 (C) | 90 (A) |
| Fair value estimate | $19.77 | $53.26 |
| Upside to fair value | +20% | -1% |
| Frequency | semiannual | quarterly |
| Market cap | $82.6B | $986.1M |
| P/E ratio | 18.7 | 17.1 |
Higher yield
NGGTF
3.96%
Safer dividend
UTL
Grade A
Faster growth
NGGTF
5.9%
Better value
NGGTF
+20% upside
NGGTF vs UTL — FAQ
Is NGGTF or UTL a better dividend stock?
On the data, UTL wins more head-to-head categories (5 vs 3). NGGTF offers the higher yield (3.96%), while UTL 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 UTL?
NGGTF has the higher forward dividend yield at 3.96%, versus 3.51% for UTL.
Is NGGTF or UTL safer?
UTL has the higher dividend-safety score (90/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is NGGTF or UTL 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 UTL, its fair-value estimate is 1% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


