National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG) Dividends
Dividend Yield and Dividend History Highlights
NGG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $64.59 | $50.94 | -10.13% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding National Grid Plc, the DDM model generated by StockNews estimates a return of negative 10.13% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for National Grid Plc are:
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for NGG than it is for 81.69% of other equities in the Utilities sector that also issue dividends.
- Based on dividend growth rate, National Grid Plc has been increasing its dividends at a faster rate than 7.93% of US-listed dividend-issuing stocks we observed.
NGG Dividend Chart
NGG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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NGG Dividends vs. Peers
NGG's dividend yield currently ranks #4 of 67 vs. its peers in the Utilities - Foreign category.