National Grid plc (LON:NG) insider Nicola Shaw acquired 18 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were purchased at an average cost of GBX 831 ($10.86) per share, with a total value of £149.58 ($195.45).
LON:NG traded up GBX 14.80 ($0.19) during trading hours on Friday, hitting GBX 792.80 ($10.36). The company had a trading volume of 13,260,652 shares, compared to its average volume of 10,850,000. The company has a quick ratio of 0.60, a current ratio of 0.87 and a debt-to-equity ratio of 148.33. The stock has a market cap of $27.05 billion and a P/E ratio of 17.82. National Grid plc has a 1 year low of GBX 744.50 ($9.73) and a 1 year high of GBX 892 ($11.66).
The business also recently declared a dividend, which will be paid on Wednesday, August 14th. Shareholders of record on Thursday, May 30th will be issued a GBX 31.26 ($0.41) dividend. This represents a yield of 3.8%. This is a boost from National Grid’s previous dividend of $16.08. The ex-dividend date is Thursday, May 30th. National Grid’s dividend payout ratio (DPR) is presently 1.06%.
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National Grid Company Profile
National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures and Other Activities segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,200 kilometers of overhead lines; 1,560 kilometers of underground cables; and 346 substations in England and Wales, as well as Scottish electricity transmission systems.
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