National Grid plc
NGGTFUtilities · Stock · semiannual payer
$16.11
Add to PortfolioForward Yield
4.05%
Annual Dividend
$0.65
Payout Ratio
72%
5-Yr Growth
5.9%
Ex-Date
May 28, 2026
Frequency
Semiannual
NGGTF Dividend Safety Score
50/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage72% 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 NGGTF a good dividend stock?
MixedNational Grid plc (NGGTF) pays a semiannual dividend yielding 4.05% ($0.65/yr), with 1 year 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
- Strong 5.9% 5-yr dividend growth
Risks
- Cut its dividend in 2022
Key Data
- Dividend Yield
- 4.05%
- Payout Ratio
- 72%
- Annual Dividend
- $0.65
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- May 28, 2026
- Years of Growth
- 1
- Frequency
- semiannual
- Beta
- 0.60
- Market Cap
- $80.2B
- P/E Ratio
- 18.3
- 5-Yr Total Return
- 26%
- 52-Week Range
- $13.45 – $19.33
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 29, 2025 | — | $0.4160 | regular |
| Nov 21, 2024 | — | $0.2000 | regular |
| Jun 6, 2024 | — | $0.5000 | regular |
| Nov 24, 2023 | — | $0.2420 | regular |
| Jun 1, 2023 | — | $0.4680 | regular |
| Nov 25, 2022 | — | $0.2150 | regular |
| Jun 1, 2022 | — | $0.4250 | regular |
| Dec 2, 2021 | — | $0.2280 | regular |
| Jun 3, 2021 | — | $0.4560 | regular |
| Nov 27, 2020 | — | $0.2270 | regular |
| Jul 2, 2020 | — | $0.3990 | regular |
| Nov 29, 2019 | — | $0.2140 | regular |
| May 30, 2019 | — | $0.3950 | regular |
| May 31, 2018 | — | $0.4040 | regular |
Income Calculator
At $0.65 / yr per share
Per payment (semiannual)$32.50
Annual$65.00
Monthly avg$5.42
