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The latest announcement is out from National Grid Transco ( (NGG) ).
National Grid has announced the admission of 6,006,065 ordinary shares to the London Stock Exchange as part of its Scrip Dividend Scheme for the 2024/25 interim dividend, with trading set to begin on January 14, 2025. This move includes the issuance of 5,586,770 ordinary shares at 984.16 pence per share and 83,859 American Depositary Receipts for US investors, reflecting the company’s strategic effort to enhance shareholder value and provide flexible dividend options.
More about National Grid Transco
National Grid plc is a leading company in the energy sector, primarily focused on the transmission and distribution of electricity and gas. The company operates in the United Kingdom and the United States, playing a significant role in energy infrastructure and services.
YTD Price Performance: -5.73%
Average Trading Volume: 561,315
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $54.78B
For detailed information about NGG stock, go to TipRanks’ Stock Analysis page.
