Free Trial

National Grid (NGG) Dividend Yield, Date & History

National Grid logo
$58.86 -0.16 (-0.27%)
(As of 12/24/2024 04:45 PM ET)

National Grid Dividend Summary

Dividend Yield
3.41%
Annual Dividend
$2.01
Next
Dividend Payment
Jan. 14
Annualized 3-Year
Dividend Growth
4.02%
Dividend Payout Ratio
41.61%

National Grid (NGG) pays an annual dividend of $2.01 per share, with a dividend yield of 3.41%. The next annually payment of $2.4939 per share is scheduled for Tuesday, January 14, to investors who owned the stock before the ex-dividend date of Friday, November 22. The company currently pays out 41.61% of its earnings and 26.02% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

NGG Dividend Payments by Quarter

The chart below displays up to four years of National Grid's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

NGG Dividend Yield Over Time

The chart below tracks National Grid's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

National Grid vs. The Competition

Compare National Grid's annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeNational GridUtilities CompaniesNYSE Companies
Annual Dividend$2.01$0.04$1.39
Dividend Yield3.41%4.13%3.66%
Annualized 3-Year Dividend Growth4.02%1.19%15.74%

National Grid Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings41.61%
Based on This Year's Estimate43.32%
Based on Next Year's Estimate41.87%
Based on Cashflow26.02%

National Grid Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/7/2024semi-annual$2.4939 - 4%11/22/202411/22/20241/14/2025
5/24/2024semi-annual$2.4939+$1.3040
109.59%
6%6/7/20246/7/20247/19/2024
11/10/2023semi-annual$1.1899-$1.1559
49.28%
5.8%11/22/202311/24/20231/11/2024
URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.

5/23/2023semi-annual$2.3458+$0.2529
12.08%
4.5%6/1/20236/2/20238/9/2023

This table shows National Grid's annuallydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

National Grid Dividend - Frequently Asked Questions

The current dividend yield for National Grid is 3.41%. Learn more on NGG's dividend yield history.

The annual dividend for NGG shares is $2.01. Learn more on NGG's annual dividend history.

National Grid pays annually dividends to shareholders.

National Grid's next annually dividend payment of $2.4939 per share will be made to shareholders on Tuesday, January 14, 2025.

National Grid's most recent annually dividend payment of $2.4939 per share was made to shareholders on Friday, July 19, 2024.

National Grid's most recent ex-dividend date was Friday, November 22, 2024.

Over the past three years, the company's dividend has grown by an average of 4.02% per year.

The most recent change in the company's dividend was an increase of $1.3040 on Friday, May 24, 2024.

The dividend payout ratio for NGG is:
  • 41.61% based on the trailing year of earnings
  • 43.32% based on this year's estimates
  • 41.87% based on next year's estimates
  • 26.02% based on cash flow

National Grid's dividend yield of 3.50% is lower than the average Utilities company that issues a dividend. National Grid's dividend payout ratio of 41.61% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate National Grid stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:NGG) was last updated on 12/25/2024 by MarketBeat.com Staff
From Our Partners