NGG Dividend History & Analysis | 4.1% Yield

NGG has a dividend yield of 4.1% and paid 3.24 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.06%
Payout Ratio 71.2%
Growth Rate CAGR 5y -0.6%
Consistency Lifetime 90.7%
Yield on Cost 5y 6.7%
Payout FCF -
Streak Years -
Dividend Rating 36.5%
Chowder Number yield + growth 3.5% below 12% target for healthy growth
Yield vs Average 5y -41.7% avg 6.96% vs now 4.06%
Debt / EBITDA leverage 5.8x elevated
Income per 10k invested 406 USD per year
Dividends Cash Amount per Share Yearly NGG annual dividends paid per share, showing the total cash National Grid distributed to shareholders each year.
Dividend Growth Year over Year NGG year-over-year dividend growth rate, showing how National Grid's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History NGG dividend yield history versus share price over the past 5 years, showing how National Grid's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Multi-Utilities

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ACE MI
ACEA S.p.A.
5,272 M 5.52% 8.06%
RENE LS
REN - Redes Energéticas
2,877 M 4.64% 8.92%
VIE PA
Veolia Environnement VE
31,036 M 4.40% 7.33%
BIP NYSE
Brookfield Infrastructure
29,428 M 4.90% 5.99%
AVA NYSE
Avista
3,360 M 4.95% 5.85%
NGG NYSE
National Grid
83,127 M 4.06% 6.73%
NWE NASDAQ
NorthWestern
4,387 M 4.11% 5.44%
D NYSE
Dominion Energy
61,416 M 4.34% 4.42%
BKH NYSE
Black Hills
5,493 M 3.99% 5.05%
ED NYSE
Consolidated Edison
41,640 M 3.29% 5.64%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
VIE PA
Veolia Environnement VE
31,036 M 11.21% 100.0%
CNP NYSE
CenterPoint Energy
28,783 M 7.55% 100.0%
DTE NYSE
DTE Energy
32,003 M 7.11% 100.0%
WEC NYSE
WEC Energy
37,989 M 7.03% 100.0%
AEE NYSE
Ameren
31,270 M 6.37% 100.0%
NI NYSE
NiSource
22,462 M 6.11% 100.0%
BIP NYSE
Brookfield Infrastructure
29,428 M 6.04% 100.0%
CMS NYSE
CMS Energy
24,012 M 5.59% 100.0%
PEG NYSE
Public Service Enterprise
40,254 M 5.36% 100.0%
ACE MI
ACEA S.p.A.
5,272 M 8.31% 99.0%

NGG Dividend History

Dividend Monthly Return EX date, 4.6 years of data

Jan - -
Feb - -
Mar - -
Apr - -
May 2.33% 60
Jun 2.18% 60
Jul - -
Aug - -
Sep - -
Oct - -
Nov 1.64% 89
Dec 0.35% 20

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 11 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-29 2026-05-29 2026-07-23 Semiannual 2.174 +103.9% 2.64%
2025-11-21 2025-11-21 2026-01-13 Semiannual 1.066 -48.1% 1.42%
2025-05-30 2025-05-30 2025-07-28 Semiannual 2.055 +101.5% 2.9%
2024-11-22 2024-11-22 2025-01-14 Semiannual 1.02 -59.1% 1.61%
2024-06-07 2024-06-07 2024-07-19 Semiannual 2.494 -28.9% 4.45%
2024-05-31 SemiAnnual 3.506 +194.6% 6.11%
2023-11-22 2023-11-24 2024-01-11 Semiannual 1.19 -49.3% 1.84%
2023-06-01 2023-06-02 2023-08-09 Semiannual 2.346 +127.5% 3.52%
2022-11-23 2022-11-25 2023-01-11 Semiannual 1.031 -50.7% 1.7%
2022-06-03 2022-06-06 2022-08-17 Semiannual 2.093 +80.9% 2.93%
2021-12-02 2021-12-03 2022-01-19 Semiannual 1.157 0% 1.77%

NGG Dividend FAQ

What is the Dividend Yield of NGG?

As of July 2026, NGG's dividend yield is 4.06%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.24 USD by the current share price of 82.59.

Does NGG pay a dividend?

As of July 2026, NGG paid a dividend of 3.24 USD in the last 12 months. The last dividend was paid on 2026-05-29 and the payout was 2.174 USD.

How often does NGG pay dividends?

NGG pays dividends semi-annually. Over the last 12 months, NGG has issued 2 dividend payments. The last dividend payment was made on 2026-05-29.

NGG dividend forecast

Based on historical data, the forecasted dividends per share for NGG for the next payments are between 1.031 (-52.6%) and 2.385 (+9.7%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 4.14%.

Will NGG pay dividends in 2026?

The latest dividend paid per share was 2.174 USD with an Ex-Dividend Date of 2026-05-29. The next Ex-Dividend date for National Grid (NGG) is currently unknown.

What is the next Ex-Dividend Date for NGG?

The next Ex-Dividend date for National Grid (NGG) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NGG?

NGG's average dividend growth rate over the past 5 years is -0.58% per year. Negative growth: NGG's dividend growth is negative and declining.

What is the Yield on Cost of NGG?

NGG's 5-Year Yield on Cost is 6.73%. If you bought NGG's shares at 48.13 USD five years ago, your current annual dividend income (3.24 USD per share, trailing 12 months) equals 6.73% of your original purchase price.

What is the Payout Consistency of NGG?

NGG Payout Consistency is 90.7%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: National Grid has a strong track record of consistent dividend payments over its lifetime.

Does NGG have a good Dividend Yield?

NGG's 4.06% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of NGG?

The Dividend Payout Ratio of NGG is 71.2%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of NGG?

NGG's Overall Dividend Rating is 36.46%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NGG Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in NGG's Outstanding Shares?

National Grid's outstanding shares have increased by approximately 14.84% annually over the past 3 years (Trend Reliability: 68.9%). Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has NGG ever had a Stock Split?

Yes, the last stock split was on May 22, 2017 with a ratio of 916:1000. This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2001 295,649,400 0%
2002 440,574,700 +49.02%
2003 560,493,300 +27.22%
2004 560,190,200 -0.05%
2005 589,430,800 +5.22%
2006 628,802,400 +6.68%
2007 554,076,300 -11.88%
2008 550,767,200 -0.6%
2009 550,767,200 0%
2010 550,767,200 0%
2011 550,767,200 0%
2012 686,028,300 +24.56%
2013 3,471,391,400 +406.01%
2014 698,311,600 -79.88%
2015 690,245,000 -1.16%
2016 718,094,000 +4.03%
2017 642,915,400 -10.47%
2018 728,982,100 +13.39%
2019 3,510,000,000 +381.49%
2020 3,550,000,000 +1.14%
2021 723,395,200 -79.62%
2022 3,684,000,000 +409.27%
2023 805,123,200 -78.15%
2024 909,400,000 +12.95%
2025 990,000,000 +8.86%
2026 995,178,000 +0.52%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-06 02:06 UTC