National Grid plc Stock Dividends
National Grid plc Stock Dividends Overview
NG.L pays dividends biannually. Last paid amount was £19.40 at Nov 23, 2023. As of today, dividend yield (TTM) is 5.98%.
Dividend Yield Range
AI Analysis of NG.L
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.98% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | £19.40 |
| Next Ex-Dividend Date | Jun 06, 2024 |
| Next Payment Date | Jul 19, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from NG the purchase should be done within the next 4 days.
Here's a simple guide on how to buy NG stock.
NG Dividend Payout History
To ensure a understanding of NG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 06, 2024 | Jun 06, 2024 | Jul 19, 2024 | £39.12 | 4.43% |
| 2 | Nov 23, 2023 | Nov 23, 2023 | Nov 23, 2023 | £19.40 | 2.10% |
| 3 | Jun 01, 2023 | Jun 01, 2023 | Jun 01, 2023 | £37.60 | 3.88% |
| 4 | Nov 10, 2022 | Nov 24, 2022 | Jan 11, 2023 | £17.84 | 1.89% |
| 5 | May 19, 2022 | Jun 01, 2022 | Aug 17, 2022 | £33.76 | 3.15% |
| 6 | Dec 02, 2021 | Dec 02, 2021 | Dec 02, 2021 | £17.21 | 1.90% |
| 7 | Jun 03, 2021 | Jun 03, 2021 | Jun 03, 2021 | £32.16 | 3.80% |
| 8 | Nov 26, 2020 | Nov 26, 2020 | Nov 26, 2020 | £17.00 | 2.10% |
| 9 | Jul 02, 2020 | Jul 02, 2020 | Jul 02, 2020 | £32.00 | 3.71% |
| 10 | Nov 28, 2019 | Nov 28, 2019 | Nov 28, 2019 | £16.57 | 2.01% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
NG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NG stock here.
Comparing NG to Sector and Country
NG.L pays a solid dividend yield of 5.98%, which is higher than the average of the bottom 25% of dividend payers in the UK market (0.526%). NG.L’s dividend yield is higher than the average of the top 25% of dividend payers in the Utilities sector in the UK market (5.64%).
