National GridNGGTF -2.14%73 Shareholder Yield % is 3.87% as of Mar. 2026, which is 1038% above its 10-year median of 0.34. GuruFocus rates NGGTF with a GF Score™ of 73/100 and a GF Value™ of $9.93 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 503 Utilities - Regulated companies, National Grid ranks better than 68.39% on this metric.
Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return.
As of today, National Grid's Shareholder Yield % was 3.87%.
National Grid (OTCPK:NGGTF) Shareholder Yield % Explanation
Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."
Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.
Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.
Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.
National Grid Shareholder Yield % Related Terms
National Grid Shareholder Yield % Historical Data
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The historical data trend for National Grid's Shareholder Yield % can be seen below:
* 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.
NGGTF vs NEE, SO, DUK: Shareholder Yield % Comparison
For the Utilities - Regulated Electric subindustry, National Grid's Shareholder Yield %, along with its competitors' market caps and Shareholder 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 Shareholder Yield % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, National Grid's Shareholder Yield % distribution charts can be found below:
* The bar in red indicates where National Grid's Shareholder Yield % falls into.
* 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.
* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.
National Grid (NGGTF) has a Shareholder Yield % of 3.87% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on National Grid and its competitors. This is 1038% above median its historical median of 0.34. According to the industry distribution chart, National Grid ranks #159 out of 503 companies in the Utilities - Regulated industry, placing it in the top 31.6%.
Is National Grid's Shareholder Yield % too high?
National Grid's current Shareholder Yield % of 3.87% is 1038% above median its 10-year median of 0.34. The Utilities - Regulated industry median Shareholder Yield % is 0.48. National Grid's value of 3.87% is 706.3% above this industry median. Based on the distribution chart, National Grid ranks #159 out of 503 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, National Grid has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Grid's Shareholder Yield % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, National Grid ranks #159 out of 503 companies for Shareholder Yield %. This puts National Grid in the upper half of its industry. The industry median Shareholder Yield % is 0.48. National Grid's value of 3.87% is 706.3% above this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 0.48, National Grid has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for an Utilities - Regulated company?
The median Shareholder Yield % among Utilities - Regulated companies is 0.48, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Grid's current Shareholder Yield % of 3.87% is 706.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on National Grid and its competitors. For the Utilities - Regulated industry, the median Shareholder Yield % is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Grid's current Shareholder Yield % is 3.87%, which is 1038% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Grid stock overvalued right now?
Based on GuruFocus' analysis, National Grid (NGGTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.93, compared to a current price of $16.27 — trading 63.9% above its estimated fair value. The current Shareholder Yield % is 3.87%, which is 1038% above median its 10-year median of 0.34 and 706.3% above the Utilities - Regulated industry median of 0.48. National Grid's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For National Grid (NGGTF), the current Shareholder Yield % is 3.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Grid (NGGTF) Overvalued in 2026?
Based on GuruFocus' analysis, National Grid stock appears to be overvalued.
The current stock price of $16.27 is trading 63.9% above its estimated GF Value™ of $9.93.
GuruFocus considers National Grid to be Significantly Overvalued.
Key valuation signals for NGGTF:
Shareholder Yield %: 3.87% (1038% above median its 10-year median of 0.34)
GF Value™: $9.93 vs. price of $16.27 (63.9% above fair value)
Industry Position: 706.3% above the Utilities - Regulated median (#159 of 503)
No single metric tells the full story. See the NGGTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission electricity networks in the United States, metering services and merchant transmission lines in the UK.
73GF Score
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