National Grid plc
NGGUtilities · Stock · semiannual payer
$81.38
Add to PortfolioForward Yield
3.98%
Annual Dividend
$3.24
Payout Ratio
71%
5-Yr Growth
-0.1%
Ex-Date
May 29, 2026
Frequency
Semiannual
NGG Dividend Safety Score
51/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage71% of earnings paid out
Balance-sheet strengthDebt/equity of 1.21
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is NGG a good dividend stock?
MixedNational Grid plc (NGG) pays a semiannual dividend yielding 3.98% ($3.24/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 3.98%
- Payout Ratio
- 71%
- Annual Dividend
- $3.24
- 5-Yr Avg Growth
- -0.1%
- Ex-Dividend Date
- May 29, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.60
- Market Cap
- $81.0B
- P/E Ratio
- 18.5
- 5-Yr Total Return
- 28%
- 52-Week Range
- $67.52 – $94.64
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2026 | — | $2.1740 | regular |
| Nov 21, 2025 | — | $1.0660 | regular |
| May 30, 2025 | — | $2.0550 | regular |
| Nov 22, 2024 | — | $1.0200 | regular |
| Jun 7, 2024 | — | $2.4940 | regular |
| May 31, 2024 | — | $3.5060 | regular |
| Nov 22, 2023 | — | $1.1900 | regular |
| Jun 1, 2023 | — | $2.3460 | regular |
| Nov 23, 2022 | — | $1.0310 | regular |
| Jun 3, 2022 | — | $2.0930 | regular |
| Dec 2, 2021 | — | $1.1570 | regular |
| Jun 3, 2021 | — | $2.2810 | regular |
| Nov 25, 2020 | — | $1.1290 | regular |
| Jul 1, 2020 | — | $2.0130 | regular |
Income Calculator
At $3.24 / yr per share
Per payment (semiannual)$162.00
Annual$324.00
Monthly avg$27.00
