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?

Go on my son up up and away.

Finals tomorrow - still yielding 6.2%

Looking good. Also Booker finals.

Preliminary Results.

Results for the year ended 31 March 2011

HIGHLIGHTS

Solid performance in 2010/11

-- Pre-tax profit1 up 25% and earnings per share(1) up 4%2

-- Good financial and operating performance

-- continued strong UK returns

-- US return up 130bps to 8.2% with actions underway for further improvement

-- Benefits from timing in year contributed approximately 5p/share

-- Operating cash flow3 up 12% at GBP4.7bn

Investing in growth and improving long-term returns

-- Strong balance sheet capacity for planned investment

-- Net debt of GBP18.7bn after GBP3.2bn rights issue in June 2010

-- Record capital investment(4 ) in 2010/11 of GBP3.6bn, up GBP265m

-- Expected investment of around GBP19bn in four years to end March 2015

-- Progress with US business improvement

-- Revenue decoupling and cost trackers implemented in the majority of businesses, though a disappointing revenue outcome from the Niagara Mohawk electric rate case

-- US restructuring and cost reduction programme progressing well

-- Divestment of New Hampshire businesses on track for completion in second half of 2011/12

Positive outlook for 2011/12 - focus on improving returns and efficiency

-- Benefits from US restructuring, rate case reviews and investment

-- Delivering value from increased investment in UK regulated assets.

Dividend 36.37p +8%.

Looking good skinny thanks for post.

.

NG off to the races - ex dividend on 1st June.

I'm tempted to sell some of these ahead of tomorrow's ex divi. Hmmm.

Same argument/predicament on the VOD thread, but some say there will be a trading bounce in the afternoon to take advantage of the divi/sp drop. Tricky, imo.

Harry - I have seen the statement of fact on there :-)

In the end, I held here. I placed a few limit orders in the 590's - none of which have been filled!

Bit of a scary correction there, skinny! Divi + a bit more? Chart still looking good though med term.

Harry dividend is 23.47p - four figures for me which is nice.

FTSE dragging everything down.

Shorters will have the FTSE again today

Just taken +5.5 points S/B - PMI Construction figures out at 9:30.

U.K. oil and gas network operator National Grid PLC (NG.LN) Friday said Peter Gershon will succeed John Parker as chairman on Jan. 1, 2012.

Gershon, who is Chairman of Tate & Lyle PLC (TATE.LN), a provider of ingredients to the global food industry, will join National Grid's board on Aug. 1 as deputy chairman. He will assume the chairman role on Jan. 1 when Parker steps down.

Gershon is also chairman of General Healthcare Group Ltd. and Vertex Group Ltd., as well as a member of the U.K. Defense Academy Advisory Board and the government's Efficiency Board.

"He has a strong track-record of leading international businesses and working with governments and regulators at the highest level," said Ken Harvey, senior independent director of National Grid, who led the search for a new chairman.

According to a report in the U.K.'s Sunday Times newspaper in May, Bp PLC's (BP) former chief executive, John Browne, was the other final candidate for the role. There has been no official confirmation of this report.

At 0919 GMT National Grid's shares were unchanged at 612.50 pence, underperforming the broader U.K. market.

-By Konstantin Rozhnov, Dow Jones Newswires; +44 207 842 9004; konstantin.rozhnov@dowjones.com

Interim Management Statement.

Good start to 2011/12

Solid operational and financial performance

US restructuring programme on track to deliver targeted annualised cost savings of $200m by March 2012

Capital expenditure projects in line with plan to invest around 3.6bn in 2011/12


Steve Holiday, Chief Executive, said:

"The year has started well with our businesses making good initial progress toward their priorities and delivering solid operational and financial performance. In the US, our focus remains on working towards improved returns through enhanced customer service and operating efficiencies. In the UK, our investment in regulated capital projects and the implementation of our Gas Distribution Front Office systems are proceeding well.


We reconfirm our positive outlook for 2011/12 - we expect to deliver another year of good operating performance, although, as previously highlighted, comparative financial results will show some impact from the timing differences that benefited 2010/11."

Thank's Skinny