National Grid PLC ADR (NGG) Dividends
Dividend Yield and Dividend History Highlights
- NGG's compound annual growth rate of its cash flow over the past 5 years is -0.46% -- which is higher than about just 0.73% stocks we're looking at.
- As for stocks whose price is uncorrelated with NGG's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: ORC, BMI, CHE, STRT and AJRD.
NGG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $64.26 | $3752.25 | 5005.8% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding National Grid Plc, the DDM model, as implemented by StockNews, implies a positive return of 5005.8% relative to its current price. To help understand and contextualize the model's evaluation of NGG, investors may wish to consider are:
- In terms of opportunity, NGG's provides a return of 5005.8% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 98.49% of all stocks we measured with our dividend discount model.
- A stock's beta generally indicates its volatility relative to the broader equity market; for National Grid Plc, its beta is lower than 91.83% of dividend issuing stocks we observed.
NGG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-06-07 | Dividend | $2.47 | +109.66% |
| 2023-11-22 | Dividend | $1.18 | -49.27% |
| 2023-06-01 | Dividend | $2.33 | +127.82% |
| 2022-11-23 | Dividend | $1.02 | -50.75% |
| 2022-06-03 | Dividend | $2.07 | +80.73% |
| 2021-12-02 | Dividend | $1.15 | -49.27% |
| 2021-06-03 | Dividend | $2.26 | +102.24% |
| 2020-11-25 | Dividend | $1.12 | -43.90% |
| 2020-07-01 | Dividend | $1.99 | +88.55% |
| 2019-11-27 | Dividend | $1.06 | -47.31% |
| 2019-05-30 | Dividend | $2.01 | +90.68% |
| 2018-11-21 | Dividend | $1.05 | -48.46% |
| 2018-05-31 | Dividend | $2.04 | +9.03% |
| 2017-05-31 | Dividend | $1.87 | +2,111.83% |
| 2017-05-22 | Split | 11-12-for-1 Stock Split | N/A |
| 2016-11-22 | Dividend | $0.93 | -53.90% |
| 2016-06-01 | Dividend | $2.02 | +80.39% |
| 2015-11-24 | Dividend | $1.12 | -48.69% |
| 2015-06-03 | Dividend | $2.19 | +86.60% |
| 2014-11-19 | Dividend | $1.17 | -49.29% |
| 2014-07-29 | Dividend | $2.31 | +0.86% |
| 2014-06-04 | Dividend | $2.29 | +95.91% |
| 2013-12-04 | Dividend | $1.17 | -41.79% |
| 2013-06-05 | Dividend | $2.01 | +74.72% |
| 2012-11-28 | Dividend | $1.15 | -42.99% |
| 2012-05-30 | Dividend | $2.02 | +83.88% |
| 2011-11-30 | Dividend | $1.10 | -42.29% |
| 2011-06-01 | Dividend | $1.90 | +85.61% |
| 2010-12-01 | Dividend | $1.02 | -75.93% |
| 2010-06-15 | Dividend | $4.25 | +139.78% |
| 2010-06-02 | Dividend | $1.77 | +54.50% |
| 2009-12-02 | Dividend | $1.15 | -34.16% |
| 2009-06-03 | Dividend | $1.74 | +83.99% |
| 2008-12-03 | Dividend | $0.95 | -53.76% |
| 2008-06-04 | Dividend | $2.05 | +68.66% |
| 2007-11-28 | Dividend | $1.22 | -31.10% |
| 2007-06-06 | Dividend | $1.76 | +71.59% |
| 2006-11-29 | Dividend | $1.03 | -31.99% |
| 2006-06-07 | Dividend | $1.51 | +71.45% |
| 2005-11-30 | Dividend | $0.88 | -- |
NGG Dividends vs. Peers
NGG's dividend yield currently ranks #67 of 69 vs. its peers in the Utilities - Foreign category.