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National Grid plc transmits and distributes electricity and gas. The company operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. It also engages in the provision of transmission services through electricity interconnectors and LNG importation at the Isle of Grain; sale of renewables projects; and leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

National Grid Dividend Announcement

National Grid announced a semi annually dividend of $2.49 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-07
National Grid annual dividend for 2024 was $2.49
National Grid annual dividend for 2023 was $3.54
National Grid's trailing twelve-month (TTM) dividend yield is 4.42%
National Grid's payout ratio for the trailing twelve months (TTM) is 75.02%
National Grid's dividend growth over the last five years (2018-2023) was 2.51% year
National Grid's dividend growth over the last ten years (2013-2023) was 0.19% year

National Grid Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07$2.49semi annually2024-07-19
2023-11-22$1.19semi annually2024-01-11
2023-06-01$2.35semi annually2023-08-09
2022-11-23$1.02semi annually2023-01-11
2022-06-03$2.07semi annually2022-08-17
2021-12-02$1.15semi annually2022-01-19
2021-06-03$2.28semi annually2021-08-18
2020-11-25$1.13semi annually2021-01-13
2020-07-01$2.01semi annually2020-08-19
2019-11-27$1.07semi annually2020-01-15
2019-05-30$2.03semi annually2019-08-14
2018-11-21$1.06semi annually2019-01-09
2018-05-31$2.06semi annually2018-08-15
2017-11-22$1.02semi annually2018-01-10
2017-05-31$1.89semi annually2017-08-16
2017-05-22$4.97semi annually2017-06-02
2016-11-22$1.03semi annually2017-01-11
2016-06-01$2.23semi annually2016-08-10
2015-11-24$1.24semi annually2016-01-13
2015-06-03$2.39semi annually2015-08-05
2014-11-19$1.28semi annually2015-01-07
2014-07-29$2.29semi annually2014-08-20
2013-12-04$1.28semi annually2014-01-22
2013-06-05$2.19semi annually2013-08-21

National Grid Dividend per year

National Grid Dividend growth

National Grid Dividend Yield

National Grid current trailing twelve-month (TTM) dividend yield is 4.42%. Interested in purchasing National Grid stock? Use our calculator to estimate your expected dividend yield:

National Grid Financial Ratios

P/E ratio81.17
PEG ratio2.59
P/B ratio6.22
ROE7.72%
Payout ratio75.02%
Current ratio0.91
Quick ratio0.84
Cash Ratio0.05

National Grid Dividend FAQ

How much is the next National Grid dividend?
National Grid's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next National Grid dividend. The next National Grid dividend will be released in June, or November.
When is National Grid dividend paid?
National Grid pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does National Grid pay?
The specific amount of National Grid dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find National Grid's dividend history.
Does National Grid stock pay dividends?
Yes, National Grid does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find National Grid's dividend history.
How much dividend does National Grid pay?
National Grid paid $2.494 in 2024, $3.536 in 2023, $3.094 in 2022, $3.428 in 2021, and $3.142 in 2020.
How often does National Grid pay dividends?
National Grid typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and November.
What is National Grid's dividend yield?
The current dividend yield for National Grid is 4.42%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate National Grid's exact dividend yield.
When does National Grid go ex dividend?
National Grid's ex-dividend date for the latest dividend was on 2024-06-07. National Grid typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next National Grid dividend paid?
National Grid pays dividends on a semi annually basis, typically around June, or November, but the exact dates can vary each year.
Will National Grid increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether National Grid will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is National Grid dividend per share?
National Grid paid $2.494 per share in 2024 and $3.536 per share in 2023. The amount of dividend per share that National Grid pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is National Grid a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is National Grid a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is National Grid a dividend stock?
Yes, National Grid is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is National Grid a good dividend stock?
Whether National Grid is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. National Grid has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating National Grid as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does National Grid pay dividends monthly?
National Grid typically pays dividends on a semi annually basis.
Does National Grid pay dividends quarterly?
National Grid currently pays dividends on a semi annually basis.
Has National Grid ever paid a dividend?
Yes, National Grid has a history of paying dividends to its shareholders. National Grid is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy National Grid dividend stocks?
To buy National Grid you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy National Grid stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does National Grid pay dividends 2024?
National Grid pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will National Grid increase its dividend in 2024?
Decisions regarding National Grid dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date National Grid dividend overview you can look into the above table of dividend history.
How National Grid dividend works?
The National Grid dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how National Grid's dividend process works:

1. Determination of Dividend: National Grid's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, National Grid publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, National Grid distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from National Grid are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are National Grid dividends paid?
National Grid dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: National Grid sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, National Grid distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: National Grid declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does National Grid pay dividends?
National Grid typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does National Grid pay dividends?
The general pattern is that National Grid pays dividends around June, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is National Grid dividend safe?
The safety of National Grid's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of National Grid's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review National Grid's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.