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There is a lot to be liked about National Grid plc (LON:NG.) as an income stock. It has paid dividends over the past 10 years. The company is currently worth Read More...
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LONDON -- The FTSE 100 has put the "Summer Sale Now On!" signs up. The index has fallen 9% from its recent high, and I've been rummaging through the sale stock looking for some blue-chip dividend ...
National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas ...
2005: Sale of four gas distribution networks, and adoption of National Grid as the single name for principal businesses [10] 2016: Creation of National Grid Gas Distribution Ltd as part of National Grid; 2017: Sale of a majority stake of National Grid Gas Distribution in March, with operations beginning under the Cadent brand from May [11] [12]
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Western Power Distribution was a subsidiary of PPL for many years. [5] In August 2020, PPL announced an intention to sell WPD. [6] In March 2021, PPL announced a swap with National Grid in which it divested WPD and acquired Narragansett Electric of Rhode Island. [7]
The investment details come after National Grid sold the Electricity System Operator (ESO) – which manages the UK’s electricity supply – back to the Government for £630 million in September.