National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (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: |
| $70.08 | $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 Chart
NGG Dividend History
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NGG Dividends vs. Peers
NGG's dividend yield currently ranks #7 of 69 vs. its peers in the Utilities - Foreign category.