National Grid Transco PLC Stock Dividends
NGG pays dividends biannually. Last paid amount was $1.19 at Jan 11, 2024. As of today, dividend yield (TTM) is 5.46%.
Dividend Yield Range
AI Analysis of NGG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.46% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | -49.28% |
| Payout Ratio | 0 |
| Amount Per Share | $1.19 |
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National Grid Transco PLC has not yet announced its next dividend date. Last payment date was: Jan 11, 2024.
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NGG Dividend Payout History
To ensure a understanding of NGG'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 | Nov 10, 2023 | Nov 22, 2023 | Jan 11, 2024 | $1.19 | 1.74% |
| 2 | May 23, 2023 | Jun 01, 2023 | Aug 09, 2023 | $2.35 | 3.71% |
| 3 | Nov 10, 2022 | Nov 23, 2022 | Jan 11, 2023 | $1.03 | 1.64% |
| 4 | May 24, 2022 | Jun 03, 2022 | Aug 17, 2022 | $2.09 | 2.93% |
| 5 | Nov 19, 2021 | Dec 02, 2021 | Jan 19, 2022 | $1.16 | 1.56% |
| 6 | May 20, 2021 | Jun 03, 2021 | Aug 18, 2021 | $2.28 | 3.40% |
| 7 | Nov 13, 2020 | Nov 25, 2020 | Jan 13, 2021 | $1.13 | 1.89% |
| 8 | Jun 19, 2020 | Jul 01, 2020 | Aug 19, 2020 | $2.01 | 3.53% |
| 9 | Nov 27, 2019 | Nov 27, 2019 | Jan 15, 2020 | $1.07 | 1.71% |
| 10 | May 21, 2019 | May 30, 2019 | Aug 14, 2019 | $2.03 | 4.02% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
NGG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NGG 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 NGG stock here.
Comparing NGG to Sector and Country
NGG pays a solid dividend yield of 5.46%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.74%). NGG’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.36%), which means that there are more attractive dividend stocks to consider.
