Dividend compounder review

NG

National Grid plc · LSE · GB

Utilities · Utilities - Regulated Electric

Score66.50/100
Confidence100.00/100
DecisionReject
RatingAcceptable, Needs Review
Scoring

Quality breakdown

Dividend Reliability 16.5 / 25 Payment history, cuts, growth, and regularity.
Dividend Sustainability 4.5 / 20 Payout, free cash flow, dividend cover, and debt.
Business Quality 20.5 / 25 Scale, cash generation, growth, margins, and returns.
Valuation Discipline 15.0 / 15 Yield, P/E, and price stretch versus long-term trend.
Long-Term Trend 10.0 / 15 Trend line, long return history, and drawdown control.
Metrics

Dividend and business context

Dividend Years30
Dividend Yield4.01%
Payout Ratio72.1%
Dividend Cut 5YYes
Net Income£3.2B
Free Cash Flow£-2.7B
FCF Covers DividendNo
Debt / Equity1.21
P/E18.6
Revenue Growth 5Y-6.5%
Net Margin18.3%
ROE8.4%
Price vs Trend-2.7%
3Y Return16.6%
5Y Return31.3%
CurrencyGBP
Warnings

Review flags

Dividend cut or material annual decrease detected in the last five completed years.
Free cash flow is negative.
Free cash flow does not cover dividends paid.
Dividend diary

Activity record

NG dividend review warning Warning · Warning

Free cash flow does not cover dividends paid.

Dividend increased 96.6% Dividend Increase · Positive

Payment changed from 16.35 to 32.14.

NG dividend payment 32.14 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

Dividend decreased -47.1% Dividend Decrease · Negative

Payment changed from 30.88 to 16.35.

NG dividend payment 16.35 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

Dividend increased 94.9% Dividend Increase · Positive

Payment changed from 15.84 to 30.88.

NG dividend payment 30.88 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

Dividend cut -59.5% Dividend Cut · Negative

Payment changed from 39.12 to 15.84.

NG dividend payment 15.84 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

Dividend increased 119.4% Dividend Increase · Positive

Payment changed from 17.83 to 39.12.

NG dividend payment 39.12 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

Dividend decreased -48.4% Dividend Decrease · Negative

Payment changed from 34.56 to 17.83.

NG dividend payment 17.83 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

NG dividend payment 34.56 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

NG dividend payment 16.4 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

NG dividend payment 31.03 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

NG dividend payment 15.82 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

NG dividend payment 29.56 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.

NG dividend payment 15.62 GBP Dividend Payment · Info

Recorded dividend payment for National Grid plc.