National Grid Share Price (NG.)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
National Grid	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
	+0.00p	+0.00%	972.10p	973.30p	973.50p	-	-	-	0	06:31:56

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Gas Water & Utilities	15,035.0	2,184.0	207.1	4.7	33,270.30

Related Shares
Centrica (CNA), United Utilities (UU.), Modern Water (MWG), Armadale Capital (ACP)

National Grid (NG.) Latest News

National Grid News

Date	Time	Source	Headline
22/8/2017	17:08	UKREG	National Grid PLC Transaction in Own Shares
22/8/2017	16:00	UKREG	National Grid PLC Director/PDMR Shareholding
21/8/2017	17:19	UKREG	National Grid PLC Transaction in Own Shares
21/8/2017	16:00	UKREG	National Grid PLC Director/PDMR Shareholding
18/8/2017	17:20	UKREG	National Grid PLC Transaction in Own Shares
18/8/2017	16:23	UKREG	National Grid PLC Appointment of Joint Corporate Broker
17/8/2017	17:32	UKREG	National Grid PLC Transaction in Own Shares
16/8/2017	16:38	UKREG	National Grid PLC Total Voting Rights
15/8/2017	09:00	UKREG	National Grid PLC Scrip Dividend
14/8/2017	17:21	UKREG	National Grid PLC Transaction in Own Shares

More National Grid News

National Grid Takeover Rumours

National Grid (NG.) Share Charts

1 Year National Grid Chart

1 Month National Grid Chart

Intraday National Grid Chart

National Grid (NG.) Discussions and Chat

National Grid Forums and Chat

Date	Time	Title	Posts
22/8/2017	01:13	NATIONAL GRID WITH CHARTS/NEWS/LINKS	5,111
30/11/2016	12:03	NG--with charts.	2
06/8/2015	13:21	NG. with charts	2
28/11/2012	13:43	National Grid - Powering Ahead!	83
18/1/2012	10:49	The New NGT/NG.	269

Add a New Thread

National Grid (NG.) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2017-08-22 16:11:58	971.82	1,971	19,154.65	NT
2017-08-22 16:11:10	972.01	5,876	57,115.31	NT
2017-08-22 16:05:14	971.54	395	3,837.57	NT
2017-08-22 16:03:59	966.13	26,021	251,396.69	NT
2017-08-22 16:03:57	972.37	5,120	49,785.29	NT

View all National Grid trades in real-time

National Grid (NG.) Top Chat Posts

Date	Subject
22/8/2017 09:20	National Grid Daily Update: National Grid is listed in the Gas Water & Utilities sector of the London Stock Exchange with ticker NG.. The last closing price for National Grid was 972.10p. National Grid has a 4 week average price of 929p and a 12 week average price of 921.20p. The 1 year high share price is 1,117p while the 1 year low share price is currently 888.90p. There are currently 3,422,518,321 shares in issue and the average daily traded volume is 7,327,341 shares. The market capitalisation of National Grid is £33,270,300,598.44. Read Full Thread Reply
29/6/2017 12:54	utyinv: ringer12, In answer to your question Yes and NO :) Yes, in theory with less shares in circulation the Company will be paying out less in dividends if the divi being paid was on the same basis as before the consolidation, i.e. £X billions / 3.71 billion shares. No, if the money generated to be distributed amongst the reduced shares in circulation is distributed on the same fundamentals i.e. £Y billions / 3.4 billion shares. The distinction between £X Billions v £Ybillions is that £X billions would have been more than £Y Billions because don't forget we have sold 61% of the gas Distn business so we should be getting that amount less in profits to distribute to shareholders. However, the reduction in shares in circulation plus the buy back should cancel each other out. As I have said though if you look at the figures in the company accounts to see what profits vs the costs are for the Gas Distn business you will see that the gas Distn business is costly (very Labour intensive), capital and operating expenditure being high together with a continued pressure from the regulator that is restricting how much profit NG can make because it (Ofgem)believes NG should be a charity and give its service for free(tongue in cheek comment, sorry). So with the strategy to concentrate time and money on more lucrative aspects of the business, in an area where there is less regulatory pressure, in time the dividends should start to increase pleasingly, IF, the plan works! In any way, logically in a normal market the share price should be rising. One of the downsides with National Grid at this moment in time is we are still in June. The divi paid in Aug has already gone ex-divi, so there is no reason to keep your money invested in NG until Late November early Dec when the shares go ex-divi for the Interim payment in Jan '18. and then that is only 35% of the yearly divi on current policy. So in essence you have to wait almost another year to get some meaningful dividend (Divi in Aug '18 which goes ex-divi in June '18)i.e. its a long time to wait in having your money tied up. So its times like this that the 'Board' need to be on tope of their game. Create some reason why people should remain invested. Tricks used by other companies include; creating rumours that the Company might want to sell another part of the business, or a rumour in a take-over or how well things are going over in the USA (where regulation is not as stringent as it is over here), or as I have advocated in the past, have four equal quarterly dividend payments, or / and quickly investigate and hopefully quash any suggestion of liability where there is a suspicion of a claim as a result of when things go wrong. Any of those points mentioned have helped other Companies in the past in alleviating the volatility in share price. Read Full Thread Follow Reply
29/6/2017 09:00	utyinv: This is oversold! Equiv to price before consolidation, share buy back and special divi:- Current Price £9.66 / 12 x 11 = £8.855 + £0.84375 = £9.69 Discounting the share buy back; which should be pushing up the share price However, I note that unlike other Companies share buy backs the shares are being held in Treasury as apposed to being Cancelled down. When shares are held in Treasury by the Company it is used to fund Directors Bonuses (Bonuses in major are paid in shares) and to cater for scrip issues in lieu of Divi payments. So this is not benefiting shareholders now! To pay Bonuses or to issue shares in Lieu of cash should be taken out of future profits. i.e., when the Company declares results it tells us how much profit it has made say £xBillions. Because its a Utility regulated by OFGEM (OFGEM is happy for gearing to be higher than a normal Company and thus circ 70% of net profits should be returned to shareholders), so 70% of £X billions are to be distributed to shareholders. But if the shares held in Treasury are being used for bonuses and Scrip issues in lieu of Divi cash, then the company is keeping more cash that should really be returned to ordinary shareholders. Why should bonuses be paid to Directors if the main Targets on the Company's Directors Performance Ex criteria is to grow the share price? Bonuses are supposed to be paid for achieving and exceeding your agreed objectives. When you have failed to deliver, bonuses are usually held back. Read Full Thread Follow Reply
13/5/2017 14:19	utyinv: Ignoring tax implication it depends when you buy back and what the share price is. If you buy back after the shares go ex-divi (final) and the price obtained is much lower than the final dividend (which you would lose buying ex-divi) then yes slightly better off. A simple calculation would be to consider this hypothetical example: Let's say you have 100 shares and using the consolidation of 11 new shares for 12 old shares. But still maintaining the Special Divi of 84.375p. Now lets say, for this example the share price rises to £50 / share before consolidation and Special divi. If you sold the 100 shares you would raise £5,000 capital. If you didn't sell and waited for the divi and consolidation your value would be: 100 shares X 84.375p = £84.37p plus 91 new shares (at the same price of £50 / share)= £84.37p + (91 x £50) = £84.37p + £4550 = £4,634 So something to consider. Those that have the shares in ISA's have more and better options. As mentioned in my last post not sure about the 30 day rule, which is related to selling and buying back identical shares. As the new shares are not identical, those that want to try the option of selling and buying back to alievaite the tax liability on non-Isa'd dividends, may have some obstacles in the way in persuading HMRC that they are operating within the rules of the 30 day rule. All the above is pure speculation as we all know the markets don't always follow logic and maths. The only saving grace is hoping the strategy brings increased earnings per share in the future and a subsequent increase in the share price. Read Full Thread Follow Reply
13/5/2017 13:07	utyinv: Bounty, Correct, the cals were intended to be neutral when the share price divi and consolidation was set but as the current share price has since recovered we may be slightly worse off. However if using the Special Dividend to buy back the shares which become payable the day after the final divi goes ex-divi, we may get a favourable price because as we expect the share price to fall after the stock goes ex-divi (final), the amount of fall is usually more than just the dividend. That is usually the case in normal circumstances anyway. Read Full Thread Follow Reply
13/5/2017 08:55	utyinv: As the share price rises the attractiveness of the Special Dividend and the corresponding share consolidation is less appealing. However, it depends on whether the strategy adopted by the NG ‘Board’ works in the long run where I would hope we would start to see some growth in the share price. Because let’s be honest for a progressive Company the share price has been rather disappointing where having languished in the £10 are for years it should be showing signs of upward momentum, hence analysts suggesting it should have reached £13 / share as far back as 2015. Anyway, whether you decide that the Special Dividend and share consolidation is for you or not is a person decision based on how confident you believe the move will bring future benefits to shareholders. In earlier posts, someone quoted a share holding of 20,000 so let’s use that as an example. Now If, a big If, the share price remains the same after the share consolidation (with the special Divi being cancelled out by the consolidation), the Private Investor will in the short term be worse off ignoring the tax liability that may result. Example, 20,000 shares at current price of £10.43 gives a value of £208,600 ignoring dealing selling costs and spread costs. 20,000 shares Special Divi of 84.375p = £16,875 Share consolidation: (20,000 /12) x 11 = 18,333 new shares. New total value if new shares have the same price as old shares:- 18,333 shares at £10.43 = £191,213 + £16,875 = £208,088. But if you wanted to buy the new shares back using your special dividend; if the price remains £10.43 post consolidation then with dealing tax on buying back you will effectively lose an additional £84 in dealing tax (£16,875 X 0.5%). In addition to normal dealings costs and spread costs. As for capital gains tax; as mentioned earlier in my post to Pierre, it begs the question about the 30 day rule whether buying the new shares is regarded as the same as the old shares. The new shares are not the same as the old shares and there is a clause excluding share consolidations, new share issues etc. It is all in the interpretation and to be certain you would have to consult a specialist who may end up charging you. Let’s hope the strategy works for shareholders in the long run, hopefully seeing future growth in share price. IMO! Read Full Thread Follow Reply
21/3/2017 09:38	utyinv: Mike24, As an added point, and this is only an opinion as I couldn't possibly give advice..... :) I expect the share price to rise after an initial fall, though this may take some time to get back to pre sale share price. However, the share price drop may be mitigated by the share buy back and a possible share consolidation. If the price recovers then you just keep your original option price. However, we have been here before where the share price dropped due to a rights issue when NG was raising £3billion to invest on infrastructure build because OFGEM said NG shareholders should take a hit! In which case, sharesave holders closed their option took the cash, bought shares in the open market at a new lower price than the original option price and then took out the next sharesave with a lower option price. The same happened to bank employees when the bank crisis was at its peak. Shares from £9+ was reduced to approx £1. Many bank staff cashed in their sharesave, took the money saved and waited for the next sharesave issue which was at a much new lower price. I believe the next sharesave option price will be issued in Dec / Jan for 1st April 2018????? Read Full Thread Follow Reply
21/3/2017 08:31	utyinv: Mike24, Sharesaves are based on 80% of the share price over a three day period at a specific evaluation time. Be careful, sharesaves are just that, savings to buy shares at an option price in the future. You do not hold any rights till your options are excercised. The company isn't any smaller till the 61% of the Gas Distn business is completed! If you go back to when NG was Privatised in 1990, the Company was owned by the 12 Electricty Area Boards (now DNO's). The share price of NG was calculated as a reflection on asset value and the value of the parent company area boards. So when a sharesave was issued it was based on that basis. Then in 1995 when NG was floated on the open stock market it was floated at a price of £2.20 yet the calculated price for existing share options was much higher, so when it was floated the option price was altered to reflect that new price. The upshot being for employees that stuck with the sharesave was that they got six times the shares they originally were to get woth the new option price being reduced to 37.5p. However, in those early days when the first sharesaves were issued when the Company was vested in March 1990, the max you could save towards a sharesave was £150/month! It was changed to £250/month less than a year later and remained at that level till three years ago when it was raised to £500/ month! Read Full Thread Follow Reply
17/1/2017 21:38	mj19: At the time of writing, shares in the UK’s largest listed utility, National Grid (LSE: NG), were changing hands at around 954p, that’s 16% below last summer’s peak of 1,130p. Traders would consider that a very substantial retracement given the electricity and gas distribution firm’s reputation for stability and low volatility. Inflation-proof A cursory glance at the group’s share price chart makes it an obvious pick for traders looking to buy the dips in an uptrend. But of course we’re not traders looking to make a quick buck from short-term price movements, we’re here to build long-term wealth based on sound fundamentals and common sense. So the question remains, could this be our last chance to buy National Grid for under £10 per share? First and foremost we must look at why the utility giant has remained a favourite among investors looking for stability in their buy-and-hold portfolios. The utility giant has no competition whatsoever, no one else can provide its services here in the UK, resulting in a virtual monopoly, making it ultra-low-risk. Secondly, the company’s dividend policy continues to attract long-term income seekers with its aim to grow the dividend at least in line with the rate of RPI inflation each year for the foreseeable future. In other words, a steady reliable growing income – what’s not to like so far? Growth Third and perhaps more surprisingly, National Grid does have attractions for growth investors. Over the last four reporting periods, the firm’s revenues have increased by £1.3bn, with pre-tax profits up £473m, and underlying earnings per share rising by 27%. The result is a 56% increase in the share price since 2012. Not bad for a boring utility with little opportunity for growth. Nevertheless, the main attraction is still the progressive inflation-proof dividend and low-risk profile, but that in itself attracts buy-and-hold investors in it for the long haul, which of course leads to further share price appreciation. Analysts expect the full-year dividend payout to be hiked by 1.07p per share to 44.41p for the current period to the end of March, with further increments to 47.32p by FY2019, giving a chunky prospective yield of 5% at current share price levels. Windfall But that’s not all folks! Last month National Grid announced that it was to sell a 61% stake in its gas distribution business to a consortium of investors led by Macquarie, the world’s largest infrastructure manager, for £3.6bn in cash by the end of March. The company will also receive £1.8bn in additional debt financing as part of the deal. Of the total £5.4bn proceeds from the sale, National Grid will return around £4bn to shareholders by way of a special dividend, perhaps as early as the second quarter of this year, together with a share buy-back programme. If all goes well, shareholders could be in line for a sizeable windfall. Read Full Thread Follow Reply
14/12/2016 16:06	utyinv: PO, May not have a share consolidation ( the type of consolidation where shareholders have their holding reduced to account for the smaller Company). Without a share consolidation share prices should fall. However, with the £1billion being used to buy back shares should reduce the fall post special divi. Example: After Special divi, depending on where the price is in the Spring/summer, my guess may be £9.50 and if a special divi of 81p is paid I expect the share will fall 81p plus X. The price nearly always falls initially more than the dividend - post dividend. So using the example with 3.7 billion shares in circ at the example price of £9.50 less 81p + X (lets say X =10p) share price could settle at £8.59. If then NG use £1 billion to buy at £8.59 that should reduce the shares in circ by 116.5 million or 3.1%. Gas Distn contributed approx £845million from the £4.1 billion return (last full yr results). After the sale NG will still hold 39% so of the £845million the part Gas Distn element sold would have contributed £515million or 12%. So the buy back should bring back the share price 3.1% plus 10p ( the X used in my example which always comes back) to £9.04 from a starting price of £9.50. It's interesting to note that the reason for selling the gas Distn was to focus on greater growth areas ie United States. From the last full results total gas Distn made £845million whilst the US business made £1.2 billion. So in time the share price should grow back to a strong position whilst still having the benefit of the special dividend. My take is IMO only and the above example is just one scenario that might materialise. Read Full Thread Follow Reply
15/9/2016 20:36	utyinv: PO, I think you miss my point. Pre referendum National Grid value X. Post referendum National Grid worth X no change intrinsically, but the share price in GBP post referendum has gone up to reflect the drop in the value of the GBP worldwide, ie, 20%. Sure if you sold Grid at £11.30p and bought something from the UK you would benefit but if you bought something outside the UK you would be no better off than before the referendum. 30%+ of NG income comes from the US with a US$ income that is exchanged back into UK Sterling (in simple terms). I spoke to Bonfield (CFO) in July when the share price jumped almost overnight to £11.30 and commented that the share price jumping to £11.30 was only a result of the drop in the GBP and euforia shouldn't let us run away with ourselves and he agreed. NG has yet to be valued correctly and a pre referendum share price, based on money spent on increasing our assets by £5billion / yr should have raised the share price to £13/share. National Grid is one of a very few Companies that are expanding and spending real money improving and building asset base and the share price has not IMO kept pace with build. I dont have to explain the significance of an increasing asset base to you as I know you are aware how National Grid gets its income. I also expect a boost in share price especially when the City realise and 'clocks' what's on the horizon with the gas distn sale. My forecast, IMO! Distn business worth £11 billion sale of 51% gives a return of £5.6 billion, take pro rata debt off and a possible share buy back ( an option floated at the AGM to try and keep the share value up post sale) would leave £2.9 billion to be returned to shareholders. With 3.7 billion shares in circ this may realise a special divi of 78p. Read Full Thread Follow Reply

National Grid share price data is direct from the London Stock Exchange

Your Recent History

LSE

GKP

Gulf Keyst..

LSE

QPP

Quindell

FTSE

UKX

FTSE 100

LSE

IOF

Iofina

GBPUSD

UK Sterlin..

Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

ADVFN UK Investors Hub ADVFN Italy ADVFN Australia ADVFN Brazil

ADVFN Canada ADVFN Germany ADVFN Japan ADVFN Mexico

ADVFN France ADVFN US Finance Manila

P:42 V: D:20170823 06:18:40