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National Grid Transco ( (NGG) ) has shared an announcement.
On June 5, 2025, National Grid announced the scrip dividend reference price for its 2024/25 final dividend. The reference price for ordinary shareholders is set at 1,040.40 pence, while for American Depositary Receipt holders, it is US$70.3102. This announcement is part of the company’s dividend timetable, which includes key dates such as the ex-dividend date and the scrip election date. The scrip dividend scheme allows shareholders to receive dividends in the form of additional shares, potentially impacting shareholder value and investment strategies.
The most recent analyst rating on (NGG) stock is a Hold with a $73.00 price target. To see the full list of analyst forecasts on National Grid Transco stock, see the NGG Stock Forecast page.
Spark’s Take on NGG Stock
According to Spark, TipRanks’ AI Analyst, NGG is a Outperform.
National Grid Transco’s overall stock score reflects solid financial performance despite challenges in revenue and profitability. The technical indicators show bullish momentum, and the valuation offers a reasonable P/E with an attractive dividend yield. The positive sentiment from the recent earnings call, highlighting significant investments and strategic initiatives, further bolsters the stock’s outlook.
To see Spark’s full report on NGG stock, click here.
More about National Grid Transco
National Grid plc is a prominent utility company based in the United Kingdom, primarily engaged in electricity and gas transmission and distribution. The company plays a crucial role in the energy infrastructure, focusing on delivering energy safely, reliably, and efficiently across its networks.
Average Trading Volume: 987,610
Technical Sentiment Signal: Buy
Current Market Cap: $69.09B
For an in-depth examination of NGG stock, go to TipRanks’ Stock Analysis page.