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home / news releases / NGG - National Grid: Growth And Low Risk


NGG - National Grid: Growth And Low Risk

In a prior article, I covered one of my two UK-based utilities: United Utilities (UUGRY). Now, I will introduce the second one, National Grid (NGG). Like United Utilities, I own it through its ADR program.

The attractiveness of NGG is two-fold, i) its dividend and ii) its asset growth. The dividend yield is currently about 5% and management is guiding to asset growth of 5-7%. At $60/share, the forward PE is about 15, which is at the bottom of this list. However, the growth path is actually better than the

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Stock Information

Company Name: National Grid Transco PLC PLC American Depositary Shares
Stock Symbol: NGG
Market: NYSE
Website: nationalgrid.com

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