National Grid plc (NGG): A Top UK Dividend Stock and Top JPMorgan Utility Play

On June 4, National Grid plc (NYSE:NGG) announced the scrip dividend notation terms for its 2025/26 last dividend. The notation terms for mean shareholders was acceptable astatine 1,197.70 pence, portion American Depositary Receipt holders received a scrip ADR notation terms of $80.5453.

The institution had earlier declared a last dividend of 32.14 pence per mean stock and $2.1738 per ADR, with a grounds day of May 29. Shareholders indispensable marque their scrip predetermination by June 18, portion ADR holders person until June 15. The last dividend outgo day is scheduled for July 23.

National Grid noted that a $0.02 per ADR interest applies to currency distributions but not to ADRs received done the scrip dividend. The strategy allows investors to opt for caller shares alternatively of cash, with afloat presumption disposable via the company's website and Equiniti.

National Grid plc (NYSE:NGG) is an investor-owned vigor institution that owns and operates the high-voltage energy transmission systems and section gas/electricity organisation networks crossed parts of the United States (primarily New York and Massachusetts) and the United Kingdom (specifically England and Wales).

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