National Grid (NGG) Dividend Coverage Ratio (2009 - 2025)
National Grid (NGG) posted Dividend Coverage Ratio of 0.69 for Q3 2025, up 13.49% on a QoQ basis from 0.8 in Q3 2024, and up 13.49% year-over-year from 0.61 in Q3 2024.
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Analysis
National Grid (NGG) Dividend Coverage Ratio (2009 - 2025) Analysis & Trends
National Grid has reported Dividend Coverage Ratio for 11 years, with the latest figure at 0.69 in Q3 2025.
- On a quarterly basis, Dividend Coverage Ratio rose 13.49% year-over-year to 0.69 in Q3 2025; TTM through Sep 2025 was 1.09, a 52.55% increase from a year earlier, with the FY2026 full-year figure at 2.0, down 5.21% from the prior year.
- Dividend Coverage Ratio was 0.69 for Q3 2025 at National Grid, up from 0.8 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 0.69 in Q3 2025, with the low at 4.85 in Q2 2023.
- Average Dividend Coverage Ratio over 4 years is 1.68, with a median of 0.98 recorded in 2022.
- The largest YoY upside for Dividend Coverage Ratio was 62.65% in 2024 against a maximum downside of 6.29% in 2024.
- Over 4 years, Dividend Coverage Ratio stood at 1.1 in 2022, then rose by 22.74% to 0.85 in 2023, then advanced by 6.29% to 0.8 in 2024, then advanced by 13.49% to 0.69 in 2025.
- The last three Dividend Coverage Ratio figures came in at 0.69 (Q3 2025), 0.8 (Q3 2024), and 1.81 (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 306.41 Bn | 306.41 Bn | 890.00 Mn | - |
| 2 | National Grid | 79.91 Bn | 76.14 Bn | - | - |
| 3 | Dominion Energy | 54.94 Bn | 58.84 Bn | 3.50 Bn | 0.56 |
| 4 | Xcel Energy | 44.99 Bn | 42.98 Bn | 3.12 Bn | 1.62 |
| 5 | Wec Energy | 33.53 Bn | 33.88 Bn | 1.45 Bn | 0.96 |
| 6 | Ameren | 28.13 Bn | 28.25 Bn | - | 1.52 |
| 7 | Fortis | 27.32 Bn | 28.61 Bn | 1.60 Bn | 56.57 |
| 8 | American Water Works Company | 26.60 Bn | 26.40 Bn | 874.00 Mn | 1.81 |
| 9 | Atmos Energy | 26.60 Bn | 26.07 Bn | - | 1.46 |
| 10 | Firstenergy | 25.89 Bn | 27.19 Bn | 2.51 Bn | 1.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -0.69 |
| Sep 30, 2024 | -0.80 |
| May 23, 2024 | -1.81 |
| Sep 30, 2023 | -0.85 |
| May 18, 2023 | -4.85 |
| Dec 31, 2022 | -1.10 |
| Sep 30, 2017 | -0.16 |
| Sep 30, 2016 | -0.55 |
| Sep 30, 2015 | -1.30 |
| Sep 30, 2014 | -0.42 |
| Sep 30, 2013 | -2.39 |
| Sep 30, 2012 | -2.08 |
| Sep 30, 2009 | -1.66 |
API Access
National Grid Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NGG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();