Trailing Dividend / Share
$1.56
National Grid plc (NGG) Dividend History
Income profile from 2002 to 2025 with payout safety and yield-on-cost trend
Dividend Yield
2.5%
Payout Ratio
52.7%
Sustainable
Dividend Streak
0 years
NGG Dividend Income Check
Safety
52.7% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 5.2% and trend is flat.
NGG Dividend Scorecard
Yield & Income
Dividend Yield2.5%
Trailing DPS$1.56
FrequencySemi-Annual
Payments / 12M2
Payout Safety
Earnings Payout52.7%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score7/9
Growth
Growth Streak0 years
3Y CAGR0.3%
5Y CAGR-0.1%
Yield on Cost (5Y)5.2%
YOC Trendflat
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.5%
1Y Total Return22.7%
5Y Total Return63.1%
Div Contribution (5Y)31.0%
Estimated $10K growth (return + dividends):
5Y ago$16,31010Y ago$16,01020Y ago$27,785
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). NGG's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
NGG Income Growth Story
Dividend per share and yield on cost over time (22 years of payments)
NGG Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
National Grid plc distributes 52.7% of earnings as dividends (Sustainable).
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
NGG does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 0.3% and 5-year CAGR of -0.1%.
Total Shareholder Returns
Beyond cash dividends, NGG returns capital through share repurchases. The combined picture: 2.5% dividend yield, 0.0% buyback yield, 2.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.2% and is currently flat. The 5-year total return is 63.1%, with dividends contributing 31.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $16,010 today.
NGG Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$38.32
Avg/Payment$1.9160
Latest Change-48.1%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Nov 21, 2025Latest | $1.0657 | ↓ -48.1% | 4.15% | Jan 13, 2026 |
| May 30, 2025 | $2.0545 | ↑ +103.5% | 4.31% | Jul 17, 2025 |
| Nov 22, 2024 | $1.0096 | ↓ -59.2% | 5.52% | Jan 14, 2025 |
| Jun 7, 2024 | $2.4739 | ↓ -29.4% | 10.68% | Jul 19, 2024 |
| May 31, 2024 | $3.5060 | ↑ +197.1% | 8.10% | — |
| Nov 22, 2023 | $1.1799 | ↓ -49.3% | 5.44% | Jan 11, 2024 |
| Jun 1, 2023 | $2.3259 | ↑ +127.8% | 4.99% | Aug 9, 2023 |
| Nov 23, 2022 | $1.0210 | ↓ -50.7% | 5.03% | Jan 11, 2023 |
NGG Dividend vs Peers
Comparable companies in the same industry
#8 yield in peer group
Div Yield
2.5%
#8 of 9
Safety
Sustainable
52.7% payout
Streak
0Y
-0.1% 5Y CAGR
Total Shareholder
2.5%
#8 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| NGGNational Grid plc | $85.4B | 2.5% | 52.7% | 0 | Sustainable |
 SOThe Southern Company | $104.2B | 2.9% | 69.5% | 1 | Watch |
3rd  DUKDuke Energy Corporat… | $97.3B | 3.4% | 66.4% | 1 | Watch |
2nd  EXCExelon Corporation | $45.4B | 3.6% | 58.4% | 1 | Sustainable |
 PPLPPL Corporation | $27.4B | 2.9% | 67.2% | 2 | Watch |
 EDConsolidated Edison,… | $39.2B | 3.1% | 57.6% | 10 | Sustainable |
 AEEAmeren Corporation | $30.1B | 2.6% | 52.7% | 16 | Sustainable |
 ETREntergy Corporation | $51.3B | 2.1% | 60.6% | 11 | Watch |
1st  EIXEdison International | $26.4B | 4.8% | 28.0% | 6 | Sustainable |
NGG Annual Dividend History (1993–2025)
33 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $3.12 | -55.4% | 2 | $2.95 | 105.8% | 0.95x | 5.2% |
| 2024 | $6.99 | 99.4% | 3 | $2.75 | 254.2% | 0.39x | 11.7% |
| 2023 | $3.51 | 13.3% | 2 | $10.60 | 33.1% | 3.02x | 5.9% |
| 2022 | $3.09 | -9.7% | 2 | $3.25 | 95.2% | 1.05x | 5.2% |
| 2021 | $3.43 | 9.1% | 2 | $2.30 | 149.1% | 0.67x | 5.7% |
| 2020 | $3.14 | 1.6% | 2 | $1.80 | 174.5% | 0.57x | 5.3% |
| 2019 | $3.09 | -1.0% | 2 | $2.22 | 139.3% | 0.72x | 5.2% |
| 2018 | $3.12 | -64.6% | 2 | $5.11 | 61.1% | 1.64x | 5.2% |
| 2017 | $8.82 | 170.5% | 3 | $11.25 | 78.4% | 1.27x | 14.8% |
| 2016 | $3.26 | -10.0% | 2 | $3.75 | 87.0% | 1.15x | 5.5% |
Full NGG Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
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Start ComparisonNGG — Frequently Asked Questions
Quick answers to the most common questions about buying NGG stock.
How much dividend does NGG pay per share?
National Grid plc (NGG) pays a trailing 12-month dividend of $1.56 per share, with a current dividend yield of +2.5%. Payments are made Semi-Annual.
When is NGG's next ex-dividend date?
NGG's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NGG typically pays dividends Semi-Annual.
Is NGG's dividend safe?
NGG's dividend safety is rated "Sustainable" based on an earnings payout ratio of +52.7% and FCF payout ratio of N/A. The dividend history does not yet show a prolonged growth streak.
How many years has NGG increased its dividend?
NGG has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -0.1%.
How often does NGG pay dividends?
National Grid plc pays dividends Semi-Annual. The trailing 12-month total is $1.56 per share. Dividend data on this page covers 23+ years from 2002 to 2025.
How much would $10,000 invested in NGG grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NGG five years ago would be worth approximately $16,310 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NGG's yield on cost for long-term holders?
NGG's yield on cost — the current dividend divided by the original purchase price — is +5.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.5% market yield, thanks to the lower original cost basis.