| Dividends Declared in Previous 12 months | |||||
|---|---|---|---|---|---|
| Year End | Type | Announce Date | Ex-Dividend Date | Payment Date | Dividend |
| 03/2024 | Interim | 09-Nov-23 | 23-Nov-23 | 11-Jan-24 | 17.94p |
| 03/2024 | Final | 23-May-24 | 06-Jun-24 | 19-Jul-24 | 36.18p |
| Total: | 54.12p | ||||
|
Dividend Yield =
Total Dividends
Current Share Price
=
54.12p
996.8p
= 5.43%
|
Note - 03/2024 dividends adjusted for May 2024 7 for 24 Rights Issue. Actual dividends were 19.4p and 39.12p.
Forward National Grid dividend yield is based on an expected annual dividend cut of 15%.
|
Forecast Dividend Yield =
Total Forecast Dividends
Current Share Price
=
46p
996.8p
= 4.61%
|
Dividend Yields - Historic yields are based on trailing 12 month dividends. Historic dividends used to calculate the yield history can be found on the National Grid dividend history page.