National Grid plc (LON:NG.) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of NG., it is a highly-regarded dividend payer with a a great history of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on National Grid here.
6 star dividend payer with proven track record
In the past couple of years, NG. has ramped up its bottom line by over 100%, with its latest earnings level surpassing its average level over the last five years. Not only did NG. outperformed its past performance, its growth also exceeded the Integrated Utilities industry expansion, which generated a 8.2% earnings growth. This is what investors like to see!
For those seeking income streams from their portfolio, NG. is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 5.3%, making it one of the best dividend companies in the market.
For National Grid, I’ve compiled three fundamental aspects you should further examine:
- 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.
- 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.
- 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!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.