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National Grid (National Grid) Forward Dividend Yield %

: 5.88% (As of Today)
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As of today (2024-04-16), the Forward Annual Dividend Yield of National Grid is 5.88%.

As of today (2024-04-16), the Trailing Annual Dividend Yield of National Grid is 5.88%.

NGGTF's Forward Dividend Yield % is ranked better than
67.06% of 428 companies
in the Utilities - Regulated industry
Industry Median: 4.24 vs NGGTF: 5.88

National Grid's Dividends per Share for the six months ended in Sep. 2023 was $0.47.

During the past 12 months, National Grid's average Dividends Per Share Growth Rate was 8.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Grid was 13.70% per year. The lowest was -42.80% per year. And the median was 4.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Electric subindustry, National Grid's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Grid Forward Dividend Yield % Distribution

For the Utilities - Regulated industry and Utilities sector, National Grid's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where National Grid's Forward Dividend Yield % falls into.



National Grid Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

National Grid Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
GBP 0.1942023-11-242023-11-242024-01-11Cash Dividendsemi-annuallyGBP:USD 1.243781
GBP 0.3762023-06-012023-06-022023-08-09Cash Dividendsemi-annuallyGBP:USD 1.262626

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

National Grid's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.482587028/12.36
=3.90 %

Current Share Price is $12.36.
National Grid's Dividends per Share for the forward twelve months is calculated as $0.241293514 * 2 = $0.482587028.

National Grid's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.71604089/12.36
=5.79 %

Current Share Price is $12.36.
National Grid's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.71604089.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Grid  (OTCPK:NGGTF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


National Grid Forward Dividend Yield % Related Terms

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National Grid (National Grid) Business Description

Address
1-3 Strand, London, GBR, WC2N 5EH
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.