Here it is, your all new National Grid thread. The chart features Bollinger Bands, MACD, 50 and 200 day SMAs.

Web Site Link:

http://www.nationalgrid.com/uk


Here's the link to the old NG. thread

A new high earlier @896p

No RNS so is the drop because of the Divi, if not why?

The dividend is 27.54p - it hit a new high on Monday since when its turned tail!

Berenberg Hold 838.25 785.00 785.00 Reiterates

But why turn tail and drop 40+p today? I could understand dropping after ex divi but why now?

It is annoying I agree :-

National Grid plc Stock Rating Reaffirmed by JPMorgan Chase & Co. (NGG)

Why National Grid plc Provides Terrific Shareholder Value

RBC Capital Markets Outperform 835.25 877.50 925.00 925.00 Reiterates

Chance to top up.

Not the first time NG has gone down a lot more then the divi payed.

Tweaking of dates :- Amendment to Financial Timetable

The ex-dividend date quoted of 19 November 2014 for the interim dividend 2014/15 will be changed to 20 November 2014 to take account of the shortened dividend timetable following the implementation of T+2 settlement from 6 October 2014. This therefore also changes the scrip reference price announcement date, from 26 November to 27 November, as this is connected to the ex-dividend date.

Surely all stocks go ex-div on a Wednesday. Is the entire stock market changing to Thursday for ex-div?

Have a read :- Introduction of T+2 standard settlement period

Thanks Skinny. I must have missed that announcement. Thursdays for ex-div from October.

Incidentally, I have just checked on the performance of my NG. investment since I bought my shares back in August 2010. See chart below. If only all my shares had a nice trend line like that.

It's a very nice hold with the divi too.

I've held these in one shape or form since they floated and took up the 2010 rights issue - 2 shares @335p for every 5.

Deutsche Bank Sell 838.75 838.50 660.00 725.00 Reiterates

HSBC (11th June) buy, tp 960p (same for Sanford C Bernstein).

A bit crude ...

Sell 844.75 844.50 736.00 780.00 Reiterates

Interim Management Statement

HIGHLIGHTS

• Continued solid operational and financial performance during the period
• UK: Further progress in delivering operational efficiencies and investment programme
• US: Good operational performance complemented by filing in New York for increased KEDLI capital investment allowances

more...

"As a result, we are maintaining our outlook for 2014/15, reflecting the expected delivery of another year of solid operating and financial performance and asset growth, consistent with sustaining our long term dividend policy."