Trailing Dividend / Share
$1.66
National Grid plc (NGG) Dividend History
Income profile from 2002 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.6%
Payout Ratio
50.1%
Sustainable
Dividend Streak
1 years
NGG Dividend Income Check
Safety
50.1% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 5.2% and trend is flat.
NGG Dividend Scorecard
Yield & Income
Dividend Yield2.6%
Trailing DPS$1.66
FrequencyAnnual
Payments / 12M2
Payout Safety
Earnings Payout50.1%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak1 years
3Y CAGR0.3%
5Y CAGR-0.1%
Yield on Cost (5Y)5.2%
YOC Trendflat
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.6%
1Y Total Return17.5%
5Y Total Return58.6%
Div Contribution (5Y)30.9%
Estimated $10K growth (return + dividends):
5Y ago$15,85610Y ago$16,70120Y ago$26,611
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
NGG Income Growth Story
Dividend per share and yield on cost over time (23 years of payments)
NGG Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
National Grid plc distributes 50.1% of earnings as dividends (Sustainable).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
NGG has raised its dividend for 1 consecutive year, 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: 2.6% dividend yield, 2.6% 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 58.6%, with dividends contributing 30.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $16,701 today.
NGG Recent Dividend Payments
Last 20 payments · Annual
TTM Total$34.58
Avg/Payment$1.7289
Latest Change+104.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 29, 2026Latest | $2.1738 | ↑ +104.0% | 3.97% | Jul 23, 2026 |
| Nov 21, 2025 | $1.0657 | ↓ -48.1% | 4.15% | Jan 13, 2026 |
| May 30, 2025 | $2.0545 | ↑ +103.5% | 4.29% | 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% | 8.12% | — |
| Nov 22, 2023 | $1.1799 | ↓ -49.3% | 5.44% | Jan 11, 2024 |
| Jun 1, 2023 | $2.3259 | ↑ +127.8% | 4.99% | Aug 9, 2023 |
NGG Dividend vs Peers
Comparable companies in the same industry
#7 yield in peer group
Div Yield
2.6%
#7 of 9
Safety
Sustainable
50.1% payout
Streak
1Y
-0.1% 5Y CAGR
Total Shareholder
2.6%
#7 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| NGGNational Grid plc | $82.6B | 2.6% | 50.1% | 1 | Sustainable |
 SOThe Southern Company | $109.5B | 2.8% | 69.5% | 25 | Watch |
3rd  DUKDuke Energy Corporat… | $100.1B | 3.3% | 66.4% | 21 | Watch |
2nd  EXCExelon Corporation | $48.5B | 3.4% | 58.4% | 4 | Sustainable |
 PPLPPL Corporation | $27.9B | 2.9% | 67.2% | 3 | Watch |
 EDConsolidated Edison,… | $41.3B | 2.9% | 57.6% | 51 | Sustainable |
 AEEAmeren Corporation | $32.2B | 2.4% | 52.7% | 12 | Sustainable |
 ETREntergy Corporation | $53.1B | 2.1% | 60.6% | 11 | Watch |
1st  EIXEdison International | $29.1B | 4.4% | 28.0% | 1 | Sustainable |
NGG Annual Dividend History (1993–2026)
34 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.17 | — | 1 | $3.30 | 65.9% | 1.52x | 3.6% |
| 2025 | $3.12 | -55.4% | 2 | $3.03 | 103.0% | 0.97x | 5.2% |
| 2024 | $6.99 | 99.4% | 3 | $2.84 | 246.1% | 0.41x | 11.7% |
| 2023 | $3.51 | 13.3% | 2 | $9.50 | 36.9% | 2.71x | 5.9% |
| 2022 | $3.09 | -9.7% | 2 | $3.11 | 99.5% | 1.01x | 5.2% |
| 2021 | $3.43 | 9.1% | 2 | $2.99 | 114.7% | 0.87x | 5.7% |
| 2020 | $3.14 | 1.6% | 2 | $1.70 | 184.8% | 0.54x | 5.3% |
| 2019 | $3.09 | -1.0% | 2 | $2.05 | 150.9% | 0.66x | 5.2% |
| 2018 | $3.12 | -64.6% | 2 | $4.42 | 70.7% | 1.42x | 5.2% |
| 2017 | $8.82 | 170.5% | 3 | $3.42 | 258.0% | 0.39x | 14.8% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
24+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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NGG — 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 $1.66 per share, with a current dividend yield of +2.6%. Payments are made 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 Annual.
Is NGG's dividend safe?
NGG's dividend safety is rated "Sustainable" based on an earnings payout ratio of +50.1% and FCF payout ratio of N/A. The 1-year growth streak provides moderate confidence.
How many years has NGG increased its dividend?
NGG has 1 consecutive years of dividend growth. The 5-year dividend CAGR is -0.1%.
How often does NGG pay dividends?
National Grid plc pays dividends Annual. The trailing 12-month total is $1.66 per share. Dividend data on this page covers 24+ years from 2002 to 2026.
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 $15,856 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 +2.6% market yield, thanks to the lower original cost basis.