National Grid plc (NGG) Dividend History

NYSE: NGGYield, payment dates, growth and payout ratio.

NGG latest dividend

$2.17last dividend per share

Ex-dividend dateMay 29Friday, 2026

Payment dateJul 23Thursday, 2026

The next dividend has not been announced yet.

2005paying since
—payments
−0.1%5-year growth a year
3.99%forward yield

NGG dividend income calculator

Shares owned

Dividend income a year: $324
Each payment: $81
Value of the shares: $8,122
Dividend yield: 3.99%

At the latest close; forward annual dividend $3.24 per share, before tax.

NGG dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

NGG dividend safety

Payout ratio (earnings)72.0%

Stretched · of trailing twelve-month earnings paid as dividends

Dividend growth (5 years)−0.1%

Shrinking · a year on average

Years of increases0

Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

NGG yield on cost

National Grid plc yield on cost
Bought	Price paid	Yield on cost	Dividends since	% of price
1 year ago	$76.95	4.21%	$3.24	4.2%
3 years ago	$59.62	5.43%	$13.51	22.7%
5 years ago	$61.92	5.23%	$20.13	32.5%
10 years ago	$71.43	4.54%	$41.13	57.6%
20 years ago	$68.90	4.70%	$81.78	118.7%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

NGG dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

NGG dividends by year

National Grid plc dividends per share by year
Year	Dividends per share	Growth	Yield (year-end)	Payments
2025	$3.12	−55.5%	4.03%	2
2024	$7.02	—	11.81%	3
2023	$3.54	+13.2%	5.20%	2
2022	$3.12	−9.1%	5.18%	2
2021	$3.44	+9.4%	4.75%	2
2020	$3.14	+1.6%	5.32%	2
2019	$3.09	−1.0%	4.94%	2
2018	$3.12	−62.5%	6.51%	2
2017	$8.33	—	14.17%	3
2016	$3.26	−10.0%	5.13%	2
2015	$3.62	−40.5%	4.78%	2
2014	$6.09	—	7.90%	3
2013	$3.47	+0.3%	4.87%	2
2012	$3.46	+5.6%	5.52%	2
2011	$3.27	−57.5%	6.19%	2
2010	$7.70	—	15.90%	3
2009	$3.16	−3.5%	5.32%	2
2008	$3.27	+0.6%	5.95%	2
2007	$3.25	+17.3%	3.57%	2
2006	$2.77	—	3.50%	2

NGG dividend history

47 payments

National Grid plc dividend payment history
Ex-dividend date	Payment date	Amount	Change	Frequency
2026-05-29	2026-07-23	$2.17	+103.9%	Semiannual
2025-11-21	2026-01-13	$1.07	−48.1%	Semiannual
2025-05-30	2025-07-28	$2.06	+101.5%	Semiannual
2024-11-22	2025-01-14	$1.02	−59.1%	Semiannual
2024-06-07	2024-07-19	$2.49	−28.9%	Semiannual
2024-05-31	—	$3.51	+194.6%	Twice a year
2023-11-22	2024-01-11	$1.19	−49.3%	Semiannual
2023-06-01	2023-08-09	$2.35	+127.5%	Semiannual
2022-11-23	2023-01-11	$1.03	−50.7%	Semiannual
2022-06-03	2022-08-17	$2.09	+80.9%	Semiannual
2021-12-02	2022-01-19	$1.16	−49.3%	Semiannual
2021-06-03	2021-08-18	$2.28	+102.0%	Semiannual
2020-11-25	2021-01-13	$1.13	−43.9%	Semiannual
2020-07-01	2020-08-19	$2.01	+88.7%	Semiannual
2019-11-27	2020-01-15	$1.07	−47.3%	Semiannual
2019-05-30	2019-08-14	$2.03	+90.8%	Semiannual

Show all 47 payments

Ex-dividend date	Payment date	Amount	Change	Frequency
2018-11-21	2019-01-09	$1.06	−48.5%	Semiannual
2018-05-31	2018-08-15	$2.06	+102.7%	Semiannual
2017-11-22	2018-01-10	$1.02	−46.2%	Semiannual
2017-05-31	2017-08-16	$1.89	−65.1%	Semiannual
2017-05-17	2017-06-02	$5.42	+426.7%
2016-11-22	2017-01-11	$1.03	−53.9%	Semiannual
2016-06-01	2016-08-10	$2.23	+80.7%
2015-11-24	2016-01-13	$1.24	−48.2%	Semiannual
2015-06-03	2015-08-05	$2.39	+86.6%	Semiannual
2014-11-19	2015-01-07	$1.28	−49.3%	Semiannual
2014-07-29	2014-08-20	$2.52	+10.1%	Semiannual
2014-06-04	—	$2.29	+79.5%
2013-12-04	2014-01-22	$1.28	−41.8%	Semiannual
2013-06-05	2013-08-21	$2.19	+74.7%	Semiannual
2012-11-28	2013-01-16	$1.26	−43.0%
2012-05-30	2012-08-15	$2.20	+83.9%
2011-11-30	2012-01-18	$1.20	−42.3%	Semiannual
2011-06-01	2011-08-17	$2.08	+85.6%	Semiannual
2010-12-01	2011-01-19	$1.12	−75.9%	Semiannual
2010-06-15	2010-06-22	$4.64	+139.7%
2010-06-02	2010-08-18	$1.94	+54.5%	Semiannual
2009-12-02	2010-01-20	$1.25	−34.2%	Semiannual
2009-06-03	2009-08-19	$1.90	+84.0%	Semiannual
2008-12-03	2009-01-21	$1.03	−53.8%	Semiannual
2008-06-04	2008-08-20	$2.24	+68.7%
2007-11-28	2008-01-23	$1.33	−31.1%
2007-06-06	2007-08-22	$1.93	+71.6%
2006-11-29	2007-01-24	$1.12	−32.0%
2006-06-07	2006-08-23	$1.65	+71.4%
2005-11-30	2006-01-25	$0.9629	+48.4%
2002-12-04	2003-01-21	$0.6488	—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

NGG stock split history

916:1000May 22, 2017

NGG dividend overview

National Grid pays an annual dividend of $3.24 per share, a yield of 3.99% at the latest close. It paid $3.12 per share in 2025, down 55.5% from 2024. Over five years the dividend grew −0.1% a year on average and over ten years −1.5% a year. The payout ratio is 72.0% of trailing earnings.

Related: NGG cash flow statement, NGG key metrics, NGG chart. See the NGG stock overview for the latest quote and news.

NGG dividends FAQ

Does National Grid pay a dividend?

Yes. National Grid has paid a regular dividend since 2005, most recently $2.17 per share with an ex-dividend date of May 29, 2026. It also paid dividends from 2002 to 2002.

What is National Grid's dividend yield?

National Grid's forward annual dividend is $3.24 per share, a dividend yield of 3.99% at the latest close of $81.22.

How fast is National Grid's dividend growing?

National Grid's dividend per share grew from $3.14 in 2020 to $3.12 in 2025, −0.1% a year on average over five years.

What is National Grid's dividend payout ratio?

National Grid pays out 72.0% of its trailing earnings as dividends.

Has National Grid split its stock?

National Grid has split its stock 1 time: 916:1000 on May 22, 2017. Dividends per share on this page are adjusted for splits.