NGG - National Grid Is A Relatively Little Known Utility With A High Dividend Yield
A Utility with U.K. and U.S. Operations
National Grid plc ADR (NGG) has a dividend yield that is greater than many other large utilities making it appealing to some small investors, but the dividend may not grow much greater than the rate of inflation. The dividend is also at risk for future cuts. The stock has a forward yield of ~5.7% exceeding the S&P 500 average and the 10-Year U.S. Treasury yield making it a potential candidate for those seeking income or dividend growth. But there are some risks in owning this company