National Grid Share Discussion Threads

[pander45] 23/9/2021 17:24

Erm the share price?

[skinny] 23/9/2021 15:18

National Grid Shares its Vision for Developing the Hydrogen Economy in new York.

[confortableconstable] 19/9/2021 21:25

added to my forever fund.. what could possibly go wrong..

[bountyhunter] 18/9/2021 19:25

Little chance of that with this on the agenda...



Mind you 25% is a lot, certainly more than I would have guessed.

[bountyhunter] 16/9/2021 08:51

With SSE under attack from Elliott is NG immune longer term? Presumably the government could/would block a foreign takeover in the National interest but may actually be positive about a breakup catalysed by Elliott (or the like) after it's finished with SSE? Of course NG could be proactive and split ahead of any such intervention. Just thinking aloud :)

[bountyhunter] 13/9/2021 21:29

Should be back above £10 soon at this rate.

[buywell3] 12/9/2021 21:46

free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[greenbee] 07/9/2021 10:22

Thank you UtyINV. That was a comprehensive explanation. Very grateful for your reply. I am sure others will find the information very useful too.

[skinny] 01/9/2021 08:05

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National Grid plc ("National Grid") is pleased to note the announcement from the Competition and Markets Authority ("CMA") this morning clearing the acquisition by National Grid of PPL WPD Investments Limited, the holding company of Western Power Distribution ("WPD"). National Grid will be hosting a Capital Markets Day for investors and analysts on 18 November where it will share its plans for WPD alongside the wider group.

[bountyhunter] 22/8/2021 14:35

Another problem with these script dividend schemes on top of the lack of choice over the timing (which can result in the price going up if bundled up on the same date as has been mentioned) is that there is nearly always a charge which is not immaterial for reinvested dividends of below a certain amount, more significant of course for quarterly dividends like BP for example.

[gilesy911] 22/8/2021 12:36

Interactive Investors offer a Scrip Scheme

[sd_anon] 21/8/2021 21:41

In this case the scrip price was 915p which looks pretty cheap now!

HL don't offer it unfortunately. Anybody know broker who does? I haven't tried contacting Link directly as I don't imagine they will deal directly with millions of nominee account holding PI's but maybe they do? Anyone know?

SSE recently had a very attractive scrip price too. Just a symptom of the recent share price increases.

[utyinv] 21/8/2021 04:55

Greenbee,

Depends how you hold your shares and where. Some Isa providers ( if you hold your shares in a Stocks and Shares Isa) do not subscribe to scrip dividends.

If they do or if you hold your holding in share certificate form, you just need to advise the registrars.

However, they aren’t all that its cracked up to be. Instead of taking a dividend NG will announce some weeks before the dividend is paid what price you will be charged in order to purchase the shares, usually the market price of the average share closing price over three consecutive days, sometime before the dividend payment day. So if the price is quoted as say £9.65/ share and your holding has warranted a dividend payment of say £2000, then you would be entitled to 207 shares (instead of receiving a dividend), with the remainder of £2.45 given to a charity of your choice.

I said it’s not cracked up to be what some people envisage, ie, many times the option share price is higher than the normal share price on the day the dividend is normally paid.

Yes you do save on buying fees if you were going to reinvest the dividend anyway, but sometimes if you let the dividend sit in cash, wait for the price to diminish over a few days after dividend payment day, before you buy. Share Prices usually increase at the time the dividend is paid because those isa holders who instruct the provider to buy shares with the dividend usually do so as a block buy. Once all the monies are consolidated across all its customers who opt to reinvest the dividend, the provider buys at market price. The trading numbers go up for a few days after dividend payment day. I usually decide to buy at a time of my choosing ( when the share price has dropped), or buy other stock that is out of favour and at a good price.

One thing becomes very obvious if you do opt for scrip dividend shares, is in the aftermath, you may well realise that you could have bought the shares cheeper, at a time of your choosing. Hope this helps.

[greenbee] 20/8/2021 13:37

I have just read about NG offering scrip dividend. My broker has not offered me any options. How can I buy them? Can anyone please tell me more about it.

[lovewinshatelosses] 18/8/2021 13:32

Spot on, Pierre! Wiser than frittering it away on junior ISA top ups and other such ungratifying activities....

[pierre oreilly] 17/8/2021 16:28

There's a lot to be said for George Best's view.

Spend the cash on wine, women and song and just fritter away the rest.

[lovewinshatelosses] 17/8/2021 14:59

Cash is my plan - not because of any particular concerns with NG - but simply because this is a market where I think it might be a prudent strategy. Bird in hand, and all that.
That said, I am very comfortable with my NG holding, which probably is the kiss of death :)

[gilesy911] 14/8/2021 13:15

Question...Take the dividend in cash or reinvest? Don't need the cash but could invest in SSE

[bountyhunter] 10/8/2021 20:33

Header updated, mainly at the end.

[bountyhunter] 10/8/2021 18:58

...and the Government very rarely step in, although the case below could be a first for Boris if he's got the guts to block it!