In This Article:
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on National Grid plc (LON:NG.) due to its excellent fundamentals in more than one area. NG. is a notable dividend payer with a a strong history of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, take a look at the report on National Grid here.
6 star dividend payer with solid track record
NG. delivered a bottom-line expansion of 98.3% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did NG. outperformed its past performance, its growth also surpassed the Integrated Utilities industry expansion, which generated a 6.7% earnings growth. This is an optimistic signal for the future.
NG.’s reputation for being one of the best dividend payers in the market is supported by the fact that it has been steadily growing its dividend payments over the past ten years and currently is one of the top yielding companies on the markets, at 5.8%.
Next Steps:
For National Grid, I’ve put together three fundamental aspects you should further research:
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Future Outlook: What are well-informed industry analysts predicting for NG.’s future growth? Take a look at our free research report of analyst consensus for NG.’s outlook.
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Financial Health: Are NG.’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
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Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of NG.? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.