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NG. National Grid Plc

1,066.00
4.50 (0.42%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
National Grid Plc LSE:NG. London Ordinary Share GB00BDR05C01 ORD 12 204/473P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.50 0.42% 1,066.00 1,066.00 1,066.50 1,071.00 1,059.00 1,064.00 10,158,619 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Combination Utilities, Nec 24.25B 7.8B 2.1140 5.04 39.33B
National Grid Plc is listed in the Combination Utilities sector of the London Stock Exchange with ticker NG.. The last closing price for National Grid was 1,061.50p. Over the last year, National Grid shares have traded in a share price range of 918.60p to 1,140.3736p.

National Grid currently has 3,688,191,645 shares in issue. The market capitalisation of National Grid is £39.33 billion. National Grid has a price to earnings ratio (PE ratio) of 5.04.

National Grid Share Discussion Threads

Showing 4676 to 4695 of 9225 messages
Chat Pages: Latest  189  188  187  186  185  184  183  182  181  180  179  178  Older
DateSubjectAuthorDiscuss
14/12/2016
09:14
surely doesn't a return to shareholders imply a return of cash/
manrobert
13/12/2016
20:18
Okay thanks but the net result is the same no free cash
atlantic57
13/12/2016
20:00
At, i don't think so. iirc they've said they'll have a consolidation, so we'll end up with fewer shares at the same price (that's also the usual way ime). But we won't end up with magic 'free' cash from the cash return! It's like selling a few shares, but ending up with a company more focussed on what the directors want to do.
pierre oreilly
13/12/2016
19:54
Do we know how much the special dividend is ?


wllm

wllmherk
13/12/2016
18:59
I guess it is reasonable to assume that the share price will fall by whatever the special dividend is or maybe more depending on market conditions in March and which
Sectors are deemed to be flavour of the month.

atlantic57
13/12/2016
13:39
could put any excess into a SIPP?
bountyhunter
13/12/2016
13:31
losos,

In addition to transferring assets to your wife etc. depending on when the ex-special dividend date is, you may be able to take advantage of the new ISA allowance from begining of April ie, £20,0000

Payment is second quarter of 2017 Apr/May/June so depending on when, there may be other options.

utyinv
13/12/2016
12:47
Doesn't want to break the £9.21 mark, it's as if it knows the scrip is set at £9.209
utyinv
10/12/2016
14:09
I think you can still bed and breakfast legitimately between spouses if that helps?
ianood
10/12/2016
13:49
Losos you can "Bed &a ISA" existing shares with most brokers. That means you can sell the shares that you hold - up to your available ISA allowance - and your broker will transfer the money into your ISA and rebuy the shares. A good firm won't charge fees but there will be a slight loss on the difference between the bid and sell.
One other thing, you might generate a capital gain when you initially sell the shares, just something to be aware of.

uknighted
10/12/2016
13:34
Atlantic / unknighted / speedsgh / UtyINV

Thanks to all of you :-)

So most likely it's 'income' oh grrrrrrrrrrrrrrr !!

Will try to move some of them into ISA but don't have much cash in there right now, I have some ready to go in on April 6th 2017 but that might be too late for the ex/div date on the 'special' oh gawd life gets complicated don't it ha ha.

I'm on basic rate so will only be 7.5% if I go over the £5K limit but don't like paying any tax having contributed to the exchequer all my life and received precious little for my efforts ha ha.

Oh well, see how it goes, thanks again all and enjoy your weekend whatever you are doing :-)

losos
10/12/2016
00:25
Losos,

As Atlantic,uknighted and speedsgh all correctly commented, will be regarded as income if not in a tax efficient platform like an ISA. If not in an ISA then as said treated as income, however since April of this year rules have changed. This all depends on what rate of tax your nominal rate is.
Basically; lower rate tax payers (20% rate) will pay 7.5% tax on income from shares above £5000.
Higher rate tax payer (40%) will pay 32.5% tax on income from shares above £5000.
Top rate tax payers (45% - income in excess of £150k/yr) will pay 38.1% tax on income from shares above £5000.

These new rules are not widely understood and is forecast to catch many investors out and if you do not employ an accountant and have significant holdings bringing in income, beware! Hope the above helps?

utyinv
09/12/2016
22:51
Would agree with you there, Atlantic. AFAICS if it is distributed as a dividend, it will be taxed as income, even if in reality it is actually a return of capital.
speedsgh
09/12/2016
21:34
If you hold the shares in an ISA you don't need to worry about the tax implications. Bed and ISA if you have any allowance left.
uknighted
09/12/2016
21:28
My instinct is it will be treated as a dividend not capital gains tax treatment.
atlantic57
09/12/2016
21:22
UtyINV - "but my guess Special divi around 81p."

Thanks for your posts above which have made it all clear to me. Do you have any thoughts on how this 'special' divi will be treated regarding tax.

Is it a 'return of capital' or is it treated as as 'income' ???

losos
09/12/2016
15:59
...with a steady rise over the last 4 days I think we could finally be on the way back up over the next few weeks, imho, fwiw!
bountyhunter
09/12/2016
13:34
Thanks UtyINV.

I have held NG for about three years and was under the impression then that it was difficult to make a profit there due to the regulations so hopefully things are looking up.

ringer12
09/12/2016
13:27
ringer12,

From the last final results (May 2016), of the total operating profits of £4.1billion, the regulated US business returned £1.2billion. However, some rate returns were not submitted on time (which would have enhanced that figure)and are going through that process now.

Top of my head I think the US regulated and unregulated contributes about 1/3 of the profits but there is supposedly potential over the pond, hence a re-focus.

How that will figure with the new President who knows, but I always remember Att Gen McCarthy (dem) for Mass. going on record by saying foriegn companies like BP and NG should help pay for the US recession! Ironic since it was the yanks that started the crisis and recession in the first place. Hopefully, a Republican may be kinder to business, only time will tell though.

utyinv
09/12/2016
10:46
RE: NG's US operations. DO they actually make any profit?
ringer12
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