Ok is there a mutter from the gutter going about today or what?
Shares are now consolidated, payout deadline gone, no official
news......??????

(scratches head......)

Any clues among us beautiful BB'ers this afternoon?

HIC!

What a great day - one full of energy!!

Results coming, good dividends, recommended a buy by many, topped up this morning. Presently 773p. Dont say I dint tell you. It isnt going to rip up any trees but little downside either.

I totally agree Kivver - Now who would have believed that?!

thats 2 things we agree on. I have higher hope for this one than AZM. This will help cover my losses on AZM.

It's certainly more stable and the dividend helps as well. It's a bouyant sector at present and after E.ON failed to get Endessa there's also the possibility of more consolidation on the horizon that could indirectly provide a boost to NG.

results tomorrow, thought there would be a bit of rise today in anticipation. Should go all the way up to ex-div day 772p today.

a 5 mil buy at the daeth.

Possibly now a good defensive stock in times of trouble?

"LONDON (Thomson Financial) - National Grid has announced a review of its dividend program, with a 15 pct rise for 2007/08 and an 8 pct annual rise thereafter to 2012.

This will result in a recommended final dividend for the year ending March 31 of 21.3 pence per ordinary share and a full year dividend of 33 pence, the UK gas and electricity distributor said.

'This policy represents a balance between an initial increase and a significant sustainable growth commitment which is supported by earnings,' National Grid said in its interim management statement.

The company said it is in line to meet financial expectations for the year."

It talks about sustainable growth too. Ive been in this for about 4 years now. Its been a nice slow grower with decent dividends. Im suprised by the slight fall this morn. Come ex-dividend day it will be a lot higher.

Ex-divi dates were 06.06 & 15.11 in 2007, so a while to go yet.

NATIONAL GRID FINED 41.6M GBP...oh naughty Mr.Grid.

..anyone for a recovery play?

Any know reason for the slight decline??? They are buying back shares at a rate of knots and promised increasing dividends for a few years yet!!

Any know reason for the slight decline??? They are buying back shares at a rate of knots and promised increasing dividends for a few years yet!!

Generally when the market goes up so does the Grid, and It works in reverse. Thats my ex. with this one anyway K over the last 8 years or so.

on the way back up with the market you may be right Stan. Dividend due fairly soon.

Don't suppose you have the date & amount of the dividend handy? Not immediately apparent from the recent RNS.

The board has recommended a final dividend of 21.3p. The final dividend is to be paid on 20 August 2008 to shareholders on the register as at 6 June 2008.

A very very safe place to put any hard earned profits.
No fireworks or sleepless nights just steady as she goes.
I will be intersting if they manage to get a price hike in the US.
It all depends on the lobby people - not sure if they have enough people on the inside!!
If they do get a hike there should be upside from here.

Went ex. dividend today, be interested to see just how long it takes the price to recover in the current climate.