National Grid Share Discussion Threads

[buywell3] 12/9/2021 20:46

free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[greenbee] 07/9/2021 09:22

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 07:05

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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 13:35

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 11:36

Interactive Investors offer a Scrip Scheme

[sd_anon] 21/8/2021 20:41

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 03:55

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 12:37

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 12:32

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

[pierre oreilly] 17/8/2021 15:28

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 13:59

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 12:15

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

[bountyhunter] 10/8/2021 19:33

Header updated, mainly at the end.

[bountyhunter] 10/8/2021 17:58

...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!

[beckers2008] 10/8/2021 15:26

B,

I agree, there are many UK co's bought by overseas investors/takeovers etc.
The pound historically is very weak against the dollar so FTSE companies are good value to be picked off. IMO not keen on it at all.

[bountyhunter] 09/8/2021 17:17

Yes could well be next on their list once they have achieved their objectives with SSE! Green credentials are in demand with the now obvious effects of global warming constantly in the news.
I would at least expect to see NG go up a bit more in sympathy with SSE as the week progresses.
Foregoing the positive effect on share prices I must admit that I'm far from keen in watching some of the UK's largest companies fall under foreign ownership. In the case of the utilities I should think that more may now be under foreign ownership than UK ownership?

[beckers2008] 09/8/2021 17:07

B,

I'm sure they have their eye on NG. who seem to be building a nice carbon friendly business having much 'Green'funding over the pond,

[bountyhunter] 09/8/2021 16:52

........

Now we just need some of that SSE magic to rub off onto National Grid! Plenty of divestment opportunity here, Elliott :)

[bountyhunter] 08/8/2021 13:18

Yes that's interesting, Elliot have previously taken stakes in other large UK companies such Whitbread where they forced the sale of Costa and GSK where they are in the process of shaking things up regarding the divestment of the consumer health division. SSE is sure to rise tomorrow however things pan out and most likely NG will rise a bit as well.

[utyinv] 08/8/2021 09:16

SSE may be set for £20bn takeover as Elliott builds up stake


This could be good news for the Utility sector, again making it more difficult for any future marxist Labour Gov to nationalise the industry.

If ever it were to occur in the future (nationalisation), they would be forced to pay market prices not determined by Left Wing ‘want something for nothing’ ‘Green Eyed Monster’ Labour politicians, but by international market values.

Labour have always let workers down, they hold back ambition, they kill the belief that hard work pays and doesn’t appreciate you can still have socialist views whilst still making the most of capitalistic practices. When I was a student I believed in socialism but was quickly turned off stereotype Left Wing Socialism as promoted by the Old Labour party for the reasons mentioned.

Unfortunately, we don't have a political Party that harmonises socialist views with meritocracy, which works in harmony with capitalistic values ( where ambition and wealth creation are not dirty words),

[utyinv] 06/8/2021 09:57

Just watching a webinar about the proposed FSO (Future System Operstor).

Implementation option preferred is to use the existing NGESO and NGG in a sale process. This in preferrence to setting up a new body from scratch. This ensures that the FSO maintains expertise already in place and systems that work.

Upshot is that they would have to negotiate a suitable sale of existing SO from NG to either a private seperate body or a State owned body ( the latter is open to consultation)

This will remove/ reduce the reoccuring threat of marxists trying to take control of the NG in any nationalisation.