NGG Dividend Calculator
National Grid plc yields 4.29%, close to the 2.92% median across US dividend payers — a rate that is unremarkable in itself, which puts the weight on how reliably it is paid rather than on how large it is. The figures below convert it into cash at a range of investment sizes.
NGG paid $3.24 per share over the last twelve months on a semi-annual schedule. Enter any amount below, or use the worked figures.
Your investment
NGG
National Grid plc
4.29%
yield
Dividend income
$10,000 in NGG pays you
$429.13
per year
- Paid twice a year
- $214.56
- Monthly average
- $35.76
- Shares bought
- 132.47
- Payments a year
- 2
Total over 10 years, taken as cash
$4,291.30
Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.
NGG dividend income by investment amount
Based on the current yield of 4.29%. Figures are before tax and assume the dividend stays at its present level.
| Invested | Per year | Per payment | Monthly average |
|---|---|---|---|
| $1,000 | $42.91 | $21.46 | $3.58 |
| $5,000 | $214.56 | $107.28 | $17.88 |
| $10,000 | $429.13 | $214.56 | $35.76 |
| $25,000 | $1,072.82 | $536.41 | $89.40 |
| $50,000 | $2,145.65 | $1,072.82 | $178.80 |
| $100,000 | $4,291.30 | $2,145.65 | $357.61 |
NGG with dividends reinvested
$10,000 in NGG, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.
- After 10 years
- $15,290
- After 20 years
- $23,377
- After 30 years
- $35,743
$14,291 taking the income as cash
$18,583 taking the income as cash
$22,874 taking the income as cash
What makes up NGG's 4.29% yield
NGG paid $3.24 per share over the last twelve months against a share price of $75.49, which is where the 4.29% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.
A yield near the median tells you little on its own, so the number worth pairing it with is the payout ratio: at 0.50, roughly 50% of NGG's earnings are committed to the dividend and the remaining 50% is retained. Two companies on identical yields can sit at opposite ends of that range, and it is the difference between a payment with room to absorb a weak year and one without.
Utility revenue is largely set by regulators rather than by competition, which makes the cash behind the dividend unusually predictable. The same regulation caps how fast it can grow, so payments here tend to rise slowly and steadily rather than in steps.
When NGG pays, and what that changes
NGG pays semi-annual, which is unusual among US-listed payers and has two consequences the annual figure hides. The "monthly average" column is an average and nothing more — no cash arrives in most months — and the gap between payments means a holder buying between them waits longer for the first one.
Infrequent payments also compound marginally more slowly when reinvested, since each distribution spends longer as cash before it is put back to work. The reinvestment figures above use NGG's real schedule rather than assuming quarterly payments.
Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. NGG's full schedule and payment history are on its dividend page.
Is NGG's dividend covered by earnings?
NGG's payout ratio of 0.50 means roughly 50% of earnings go to the dividend, leaving the rest retained. A margin that size is what allows a payment to be maintained through a weaker year without being funded from borrowing.
Earnings in a regulated business are unusually steady, which makes this ratio more informative than the same figure struck on cyclical profits — there is less risk that it simply reflects a good year. The corresponding limit is that regulated returns are capped, so the retained portion funds slower growth than an unconstrained business could deliver.
The figures hold the dividend flat. No multi-year record of consecutive increases is on file for NGG, so treat the projection as arithmetic on today's payment rather than as an expectation about future ones.
NGG dividend calculator FAQ
- How much does $10,000 in NGG pay in dividends?
- At NGG's current yield of 4.29%, $10,000 pays about $429.13 a year — roughly $214.56 per payment, paid semi-annual, or $35.76 a month averaged out.
- What would NGG be worth after 10 years with dividends reinvested?
- Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in NGG would grow to about $15,290 after 10 years, against $14,291 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
- How often does NGG pay dividends?
- NGG pays semi-annual — 2 payments a year — based on its actual payment history rather than an assumed schedule.
- Is NGG's dividend guaranteed?
- No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check NGG's full payment history before relying on any of it.
More on NGG
National Grid plc is a common stock trading at $75.49 per share, paying semi-annual. — All figures before tax. Not financial advice.