NGG Dividend History & Analysis | 4.3% Yield

NGG has a dividend yield of 4.3% and paid 3.12 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.30%
Payout Ratio 5.3%
Growth Rate CAGR 5y -2.39%
Consistency Lifetime 88.3%
Yield on Cost 5y 7.23%
Payout FCF -
Streak Years 21
Dividend Rating 38.75%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 44.2%
Total Return 5y: 97.4%

Top Dividend Payers in Multi-Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
VIE 25,675 M 4.61% 7.95%
BIP 16,895 M 5.22% 6.19%
AVA 3,258 M 5.04% 6.54%
NWE 4,092 M 4.62% 6.04%
BKH 5,410 M 4.39% 5.48%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
VIE 25,675 M 18.9% 94.9%
CNP 26,004 M 7.87% 94.9%
WEC 35,490 M 7.13% 98.3%
AEE 27,677 M 6.59% 96.5%
NI 20,780 M 6.21% 93.0%

NGG Dividend History: Last 45 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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% 1.83%
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 -49.3% 1.76%
2021-06-03 2021-06-04 2021-08-18 Semiannual 2.281 102% 3.5%
2020-11-25 2020-11-27 2021-01-13 Semiannual 1.129 -43.9% N/A
2020-07-01 2020-07-02 2020-08-19 Semiannual 2.013 88.7% N/A
2019-11-27 2019-11-29 2020-01-15 Semiannual 1.067 -47.3% N/A
2019-05-30 2019-05-31 2019-08-14 Semiannual 2.026 90.8% N/A
2018-11-21 2018-11-23 2019-01-09 Semiannual 1.062 -48.5% N/A
2018-05-31 2018-06-01 2018-08-15 Semiannual 2.061 102.7% N/A
2017-11-22 2017-11-24 2018-01-10 Semiannual 1.017 -46.2% N/A
2017-05-31 2017-06-02 2017-08-16 Semiannual 1.892 -61.9% N/A
2017-05-17 2017-05-19 2017-06-02 Other 4.9666 426.7% N/A
2016-11-22 2016-11-25 2017-01-11 Semiannual 0.943 -53.9% N/A
2016-06-01 2016-06-03 2016-08-10 Other 2.045 80.7% N/A
2015-11-24 2015-11-27 2016-01-13 Semiannual 1.132 -48.2% N/A
2015-06-03 2015-06-05 2015-08-05 Semiannual 2.187 86.6% N/A
2014-11-19 2014-11-21 2015-01-07 Semiannual 1.172 -49.3% N/A
2014-07-29 2014-06-06 2014-08-20 Semiannual 2.311 10.1% N/A
2014-06-04 2.0983 79.5% N/A
2013-12-04 2013-12-06 2014-01-22 Semiannual 1.169 -41.8% N/A
2013-06-05 2013-06-07 2013-08-21 Semiannual 2.009 74.7% N/A
2012-11-28 2012-11-30 2013-01-16 Other 1.15 -43% N/A
2012-05-30 2012-06-01 2012-08-15 Other 2.017 83.9% N/A
2011-11-30 2011-12-02 2012-01-18 Semiannual 1.097 -42.3% N/A
2011-06-01 2011-06-03 2011-08-17 Semiannual 1.901 85.6% N/A
2010-12-01 2010-12-03 2011-01-19 Semiannual 1.024 -75.9% N/A
2010-06-15 2010-05-27 2010-06-22 Unknown 4.253 139.7% N/A
2010-06-02 2010-06-04 2010-08-18 Semiannual 1.774 54.5% N/A
2009-12-02 2009-12-04 2010-01-20 Semiannual 1.148 -34.2% N/A
2009-06-03 2009-06-05 2009-08-19 Semiannual 1.744 84% N/A
2008-12-03 2008-12-05 2009-01-21 Semiannual 0.948 -53.8% N/A
2008-06-04 2008-06-06 2008-08-20 Other 2.05 68.7% N/A
2007-11-28 2007-11-30 2008-01-23 Other 1.215 -31.1% N/A
2007-06-06 2007-06-08 2007-08-22 Other 1.764 71.6% N/A
2006-11-29 2006-12-01 2007-01-24 Other 1.028 -32% N/A
2006-06-07 2006-06-09 2006-08-23 Other 1.512 71.4% N/A
2005-11-30 2005-12-02 2006-01-25 Other 0.882 0% N/A

NGG Dividend FAQ

National Grid plc (NYSE: NGG) is a regulated utility that owns and operates electricity transmission and distribution networks in the United Kingdom and the United States, plus a growing portfolio of interconnector and LNG assets. Its six operating segments are: UK Electricity Transmission (high-voltage grid in England and Wales); UK Electricity Distribution (regional distribution in the Midlands, Southwest England and South Wales); New England (electricity and gas supply, distribution and transmission in the six-state U.S. region); New York (electricity and gas distribution and transmission in the state); National Grid Ventures (cross-border interconnectors and the Isle of Grain LNG import terminal); and an “Other” segment that holds commercial property and insurance activities in the UK.

What is the Dividend Yield of NGG?

As of February 2026, NGG`s dividend yield is 4.30%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.12 USD by the current share price of 85.27.

Does NGG pay a dividend?

As of February 2026, NGG paid a dividend of 3.12 USD in the last 12 months. The last dividend was paid on 2025-11-21 and the payout was 1.066 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 2025-11-21.

NGG dividend forecast

Based on historical data, the forecasted dividends per share for NGG for the next 4 payments are between 1.509 (+41.6%) and 2.302 (+115.9%).
This represents a strong dividend growth compared to the last payment.

Will NGG pay dividends in 2026?

The latest dividend paid per share was 1.066 USD with an Ex-Dividend Date of 2025-11-21. 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 -2.39% 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 7.23%. If you bought NGG's shares at 43.19 USD five years ago, your current annual dividend income (3.12 USD per share, trailing 12 months) equals 7.23% of your original purchase price.

What is the Payout Consistency of NGG?

NGG Payout Consistency is 88.3%. 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.
Moderately consistent: National Grid has a good track record of consistent dividend payments over its lifetime.

Does NGG have a good Dividend Yield?

NGG`s 4.30% 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 5.3%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of NGG?

NGG`s Overall Dividend Rating is 38.75%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NGG Outstanding Shares Analysis

What is the Trend in NGG's Outstanding Shares?

National Grid's outstanding shares have increased by approximately 10.89% annually over the past 3 years (Trend Reliability: 100.0%).

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
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
2010 550,767,200
2011 550,767,200
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%

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: 2026-01-28 02:40