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National Grid PLC's (LSE:NG.) dividend will come in 20% below where it was a year ago, but up 3% on an underlying basis, as the network operator completed the first year of its current five-year financial framework.
National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion) in energy networks through March 2029 and its results beat estimates.
National Grid PLC (LSE:NG.) has appointed Zoë Yujnovich, former Shell PLC (LSE:SHEL, NYSE:SHEL) gas and upstream director, as its new chief executive as John Pettigrew retires after almost 10 years in the role.
After a strong run, UBS thinks National Grid PLC (LSE:NG.) has run out of steam.
National Grid PLC (LSE:NG.) has proposed a higher return on equity to reflect increased capital investment for its Upstate New York electric and natural gas distribution business Niagara Mohawk Power Corporation (NIMO).
Britain's National Grid said on Monday it had filed a three-year rate plan proposal with the New York Public Service Commission for its upstate New York electric and natural gas distribution business.
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NGG's positive movement in earnings estimates, planned capital expenditure to improve infrastructure and demand from new customers make it a strong pick.
FORT WORTH, Texas--(BUSINESS WIRE)--This month, GM Financial became a financial literacy affiliate with the Enlisted Association of the National Guard of the United States (EANGUS), part of a shared goal to ensure service members have the tools and resources needed to make educated financial decisions for themselves and their families while at home or deployed. EANGUS serves more than 450,000 men and women serving in the National Guard, and their families, as well as tens of thousands of retire.
National Grid PLC (LSE:NG.) said its financial performance for the past year to March was in line with guidance provided at its interims, on a constant currency basis.