Share Prices & Company Research

Stockbroking

National Grid

Current Price 938.20p Bid 938.00p Ask 938.40p Change 0.97%
Last Updated: 03/06/2020 06:09. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

National Grid runs the electricity wires across Great Britain and Northern Ireland while National Grid Gas, previously known Transco and formerly part of British Gas, runs the UK's gas pipe network. The company also owns generator Niagara Mohawk in the US.

Financial Highlights Year Ended 31/03/2019

Revenue
£14,933.00m
Operating Profit/Loss
£2,870.00m
Dividend yield (%)
5.60
Total dividend for year
47.3400p
Dividend cover
1.25
P/E Ratio
14.40

Key Personnel

Sir Peter Gershon
Chairman
Mr John Pettigrew
Chief Executive Officer
Mr Andrew Agg
Chief Financial Officer
Ms Alison Kay
Company Secretary and General Counsel
Ms Nicola Shaw
Executive Director
Dr Paul Golby
Non-Executive Director
Mr Amanda Mesler
Non-Executive Director
Mr Earl Shipp
Non-Executive Director
Mr Jonathan Dawson
Non-Executive Director
Mr Jonathan Silver
Non-Executive Director
Ms Liz Hewitt
Non-Executive Director
Ms Therese Esperdy
Non-Executive Director
Mr Mark Williamson
Senior Independent Director

Stock Details

EPIC
NG.
ISIN
GB00BDR05C01
Shares in Issue
3,510.03m
Market cap
£32,931.07m
Sector

Analyst Views (2)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
938.20p
Bid Price
938.00p
Ask Price
938.40p
Volume
9,407,544
Change Today
9.00p
% Change Today
0.97%
Open
936.00p
Previous Close
938.20p
Intraday High
943.00p
Intraday Low
927.84p
52 Week High
1,067.40p
52 Week Low
783.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
14,933.00
15,250.00
Operating Profit/Loss
2,870.00
3,493.00
Net Interest
-1,069.00
-882.00
Pre-Tax Profit
1,841.00
2,660.00
Profit After Tax from continuing operations
1,502.00
3,549.00
Discontinued Operations
Profit After Tax
12.00
2.00
Profit/Loss for the Year
1,514.00
3,551.00
Attributable to:
Equity Holders of Parent Company
1,511.00
3,550.00
Minority Interests
3.00
1.00
Total Dividend Paid
47.3400p
45.9300p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2019
31 Mar 2018
Basic
44.30p
102.50p
Diluted
44.10p
102.10p
Adjusted
59.00p
55.30p
Dividend per Share
47.3400p
45.9300p

Assets

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
43,913.00
39,853.00
Intangible Assets
6,953.00
6,343.00
Investment Properties
n/a
n/a
Investments
1,275.00
3,067.00
Other Financial Assets
1,045.00
1,319.00
Other Non-Current Assets
1,831.00
1,524.00
Current Assets
Inventories
370.00
341.00
Trade & Other Receivables
3,153.00
2,798.00
Cash at Bank & In Hand
252.00
329.00
Current Asset Investments
1,981.00
2,694.00
Other Current Assets
2,190.00
519.00
Other Assets
n/a
n/a
Total Assets
62,963.00
58,787.00

Liabilities

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
4,472.00
4,447.00
Other Current Liabilities
4,657.00
4,250.00
Total Current Liabilities
9,129.00
8,697.00
Non-Current Liabilities
Borrowings
24,258.00
22,178.00
Provisions
5,848.00
5,415.00
Other Non-Current Liabilities
4,359.00
3,649.00
Total Non-Current Liabilities
34,465.00
31,242.00
Other Liabilities
n/a
n/a
Total Liabilities
43,594.00
39,939.00

Net Assets

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Net Assets
19,369.00
18,848.00

Capital & Reserves

Year End Date
31 Mar 2019
31 Mar 2018
 
£ (M)
£ (M)
Share Capital
458.00
452.00
Share Premium Account
1,314.00
1,321.00
Other Reserves
-4,237.00
-4,540.00
Retained Earnings
21,814.00
21,599.00
Shareholders Funds
19,349.00
18,832.00
Minority Interests/Other Equity
20.00
16.00
Total Equity
19,369.00
18,848.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
28 Nov 2019
15 Jan 2020
16.57p
Final
30 May 2019
14 Aug 2019
31.26p
Interim
22 Nov 2018
09 Jan 2019
16.08p
Final
31 May 2018
15 Aug 2018
30.44p
Interim
23 Nov 2017
10 Jan 2018
15.49p
Final
01 Jun 2017
16 Aug 2017
29.10p
Special
22 May 2017
02 Jun 2017
84.375p
Interim
24 Nov 2016
11 Jan 2017
15.17p
Final
02 Jun 2016
10 Aug 2016
28.34p
Interim
26 Nov 2015
13 Jan 2016
15.00p
Final
04 Jun 2015
05 Aug 2015
28.16p
Interim
20 Nov 2014
07 Jan 2015
14.71p

Dividend Metrics

Year End Date
31 Mar 2019
31 Mar 2018
Dividend growth
3.07%
3.75%
Dividend yield
5.60%
5.70%
Dividend cover
1.25
1.20
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Continuing our Personal Service: View our Latest COVID-19 Update: 1st June 2020
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.