Is National Grid a good dividend stock?

National Grid (LON:NG.L) pays an annual dividend of GBX 49 per share and currently has a dividend yield of 4.15%. NG.L has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 115.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for NG.L .

How do I buy shares of National Grid?

Shares of NG.L stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:NG.L

National Grid (NG.L) Share Price, News & Analysis

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Today's Range: N/A
50-Day Range: N/A
52-Week Range: N/A

Volume: 8.45 million shs
Average Volume: N/A
Market Capitalization: £45.42 billion

P/E Ratio: 29.17
Dividend Yield: 4.15%
Price Target: N/A

Stock Analysis

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About National Grid Stock (LON:NG.L)

National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,236 kilometers of overhead lines. The UK Gas Transmission segment owns and operates gas transmission systems, as well as third-party independent systems and liquefied natural gas (LNG) storage facilities. The US Regulated segments owns and operates transmission facilities across upstate New York, Massachusetts, New Hampshire, Rhode Island, and Vermont; and electricity distribution networks in upstate New York, Massachusetts, and Rhode Island. Its assets comprise 14,439 kilometers of overhead lines; an electricity distribution network of approximately 117,498 circuit miles; and a network of approximately 57,551 kilometers of gas pipeline. The NGV and Other segment engages in the energy metering business; transporting renewable energy long distances through its electricity interconnectors; and storing LNG, as well as commercial property and insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

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NG.L Stock News Headlines

April 15, 2024 | msn.com

National grid restored after fire incident at Afam power station

April 11, 2024 | techcrunch.com

Amazon, eyeing up AI, adds Andrew Ng to its board; ex-MTV exec McGrath to step down

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 4, 2024 | msn.com

Power grid upgrades will attract more manufacturers, says developer

March 14, 2024 | msn.com

Kebbi govt attributes irregular electricity supply to national grid collapse

March 7, 2024 | msn.com

If I were entering retirement tomorrow, I’d buy these 2 FTSE shares

February 29, 2024 | msn.com

Reps to probe frequent national grid collapse

February 9, 2024 | wsj.com

National Grid, Constellation Reach Pact to Save Massachusetts LNG Import Terminal

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

February 5, 2024 | msn.com

Darkness in Major Cities As National Grid Collapses

January 22, 2024 | msn.com

If I’d bought National Grid shares a decade ago, would I have earned back the cost in dividends?

November 30, 2023 | msn.com

Britain to pay households to use less power on Friday evening

November 27, 2023 | finance.yahoo.com

Outdoor Renovations Complete at Historic Transformer Building

November 17, 2023 | msn.com

National Grid is raising rates to cover power-line maintenance, expansion costs

October 16, 2023 | marketwatch.com

National Grid falls Monday, underperforms market

October 10, 2023 | msn.com

This stock has fallen by almost 20pc yet it has done nothing wrong. We’ll hold

October 5, 2023 | markets.businessinsider.com

National Grid Says Continues To Perform In Line With Its Expectations

September 27, 2023 | msn.com

Collapsing grid

August 24, 2023 | msn.com

New subsea power link between Scotland and England gets planning consent

August 9, 2023 | seekingalpha.com

NGGTF National Grid plc

July 20, 2023 | msn.com

FTSE 100: National Grid Shares Gain on 20% Stake Divestment in the Gas Unit

July 20, 2023 | markets.businessinsider.com

FTSE 100: National Grid Shares Gain as it Divests 20% Stake in its Gas Unit

July 19, 2023 | marketwatch.com

National Grid to Sell Further 20% National Gas Stake for Around GBP700 Mln

July 19, 2023 | msn.com

UK's National Grid to sell further 20% stake in gas unit

June 19, 2023 | msn.com

'China cannot shut down PH grid'

May 24, 2023 | finance.yahoo.com

NG.L - National Grid plc

May 21, 2023 | finance.yahoo.com

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Industry, Sector and Symbol

Stock Exchange: LON
Sector: Utilities
Industry: Utilities - Regulated Electric
Sub-Industry: N/A
Current Symbol: LON:NG.L
CUSIP: N/A
CIK: N/A
Web: www.nationalgridet.com
Phone: 44 20 7004 3000
Fax: N/A
Employees: 23,683
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 29.17
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 216.30
Current Ratio: 0.69
Quick Ratio: 0.24

Sales & Book Value

Annual Sales: £15.66 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 15.80
Book Value: GBX 577.80 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 3,646,599,936
Free Float: N/A
Market Cap: £45.42 billion
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. John Pettigrew (Age 53)
CEO & Exec. Director
Comp: $2.45M
Mr. Andrew J. Agg (Age 52)
CFO & Exec. Director
Comp: $1.4M
Ms. Lisa M. Lambert (Age 54)
Sr. VP and Chief Technology & Innovation Officer
Ms. Adriana Karaboutis (Age 59)
Group Chief Information & Digital Officer
Mr. Nicholas James Ashworth C.F.A.
Director of Investor Relations
Ms. Justine Campbell (Age 51)
Group Gen. Counsel & Company Sec.
Ms. Claire Jenkins
Interim Chief People & Culture Officer
Mr. Kenneth D. Daly
Chief Operating Officer for U.S. Electricity Bus.es
Ms. Megan Barnes
Head of Company Secretariat
Mr. Ross Turrini
Chief Gas Engineer and Sr. VP of US Gas Engineering & Process

Key Competitors

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Should I Buy National Grid Stock? NG.L Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in National Grid plc:

National Grid plc is planning to sell a further 20% stake in National Gas, potentially generating around GBP700 million. This move could provide additional capital for the company's operations and expansion plans.
The company operates in the regulated electric utilities industry, which typically offers stable and predictable cash flows due to the essential nature of the services provided.
National Grid plc has a diversified business model with operations in the UK and the US, reducing geographic risk and potentially providing opportunities for growth in different markets.
With a focus on renewable energy and energy metering, National Grid plc is positioning itself in line with the global shift towards sustainable energy sources, which could attract environmentally conscious investors.
Considering the current stock price and recent developments, National Grid plc may present a value investment opportunity for investors seeking stable returns over the long term.

Cons

Investors should be bearish about investing in National Grid plc for these reasons:

Regulated industries like utilities can be subject to strict government regulations and oversight, which may limit the company's flexibility in pricing and operations.
The energy sector is highly competitive, and National Grid plc faces competition from other utility companies and emerging technologies that could disrupt traditional energy transmission and distribution models.
Investing in National Grid plc may involve exposure to geopolitical risks, regulatory changes, and environmental concerns that could impact the company's financial performance and stock price.
Fluctuations in energy prices, supply chain disruptions, or natural disasters could affect National Grid plc's operations and financial stability, leading to potential risks for investors.
While the company's focus on renewable energy is a positive aspect, the transition to sustainable energy sources may require significant investments and could pose challenges in terms of profitability and returns in the short to medium term.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these National Grid pros and cons to contact@marketbeat.com.

NG.L Stock Analysis - Frequently Asked Questions

Is National Grid a good dividend stock?: National Grid (LON:NG.L) pays an annual dividend of GBX 49 per share and currently has a dividend yield of 4.15%. NG.L has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 115.57%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NG.L.
How do I buy shares of National Grid?: Shares of NG.L stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:NG.L) was last updated on 4/18/2024 by MarketBeat.com Staff

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National Grid (NG.L) Share Price, News & Analysis

About National Grid Stock (LON:NG.L)

NG.L Stock News Headlines

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Should I Buy National Grid Stock? NG.L Pros and Cons Explained

Pros

Cons

NG.L Stock Analysis - Frequently Asked Questions

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