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National Grid (BUE:NGG) Dividend Yield % : 2.32% (As of Apr. 25, 2024)


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What is National Grid Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of National Grid is 2.32%.

Good Sign:

National Grid PLC stock dividend yield is close to 5-year high.

The historical rank and industry rank for National Grid's Dividend Yield % or its related term are showing as below:

BUE:NGG' s Dividend Yield % Range Over the Past 10 Years
Min: 2.32   Med: 4.97   Max: 6.43
Current: 2.32

During the past 13 years, the highest Dividend Yield of National Grid was 6.43%. The lowest was 2.32%. And the median was 4.97%.

BUE:NGG's Dividend Yield % is ranked better than
70.63% of 429 companies
in the Utilities - Regulated industry
Industry Median: 3.92 vs BUE:NGG: 2.32

National Grid's Dividend Payout Ratio for the six months ended in Sep. 2023 was 1.34.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of National Grid PLC is 0.79, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of National Grid was 1.06. The lowest was 0.74. And the median was 0.81.

As of today (2024-04-25), the Forward Dividend Yield % of National Grid is 2.32%.

National Grid's Dividends per Share for the six months ended in Sep. 2023 was ARS409.32.

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.


National Grid Dividend Yield % Historical Data

The historical data trend for National Grid's Dividend 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.

* Premium members only.

National Grid Dividend Yield % Chart

National Grid Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.46 2.82 2.33 1.82

National Grid Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.77 2.33 2.52 1.82 1.71

Competitive Comparison of National Grid's Dividend Yield %

For the Utilities - Regulated Electric subindustry, National Grid's Dividend Yield %, along with its competitors' market caps and 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's Dividend Yield % Distribution in the Utilities - Regulated Industry

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

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



National Grid 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
USD 0.5952023-11-222023-11-242024-01-11Cash Dividendsemi-annuallyUSD:ARS 350.000000
USD 1.1732023-06-012023-06-022023-08-09Cash Dividendsemi-annuallyUSD:ARS 240.000000

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=489.77/35291.00
=1.39 %

Current Share Price is ARS35291.00.
National Grid's Dividends per Share for the trailing twelve months (TTM) ended in Today is ARS489.77.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=416.5/35291.00
=1.18 %

Current Share Price is ARS35291.00.
National Grid's Dividends per Share for the forward twelve months is calculated as ARS208.25 * 2 = ARS416.5.

* 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  (BUE:NGG) 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 Dividend Yield % Related Terms

Thank you for viewing the detailed overview of National Grid's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


National Grid (BUE:NGG) 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.