Business
Scrip Dividend for 2020/21 Final Dividend
Scrip Dividend for 2020/21 Final Dividend.
About this update from National Grid Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5188B\n National Grid PLC\n 10 June 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n 10 June 2021\n \n \n \n \n \n \n National Grid plc (\n \n \n '\n \n \n National Grid\n \n \n '\n \n \n or \n \n \n '\n \n \n Company\n \n \n '\n \n \n )\n \n \n \n \n \n \n Scrip Dividend for 2020/21 Final Dividend\n \n \n \n \n \n The optional scrip dividend, allowing shareholders to receive new fully paid ordinary shares in the Company, instead of a cash dividend, is available to ordinary shareholders on the register on 4 June 2021, the dividend record date. A timetable is provided below.\n \n \n \n \n \n For ordinary shareholders, the scrip dividend reference price for the 2020/21 final dividend is 915.86 pence. This is calculated as the average closing mid-market price of an ordinary share for the five dealing days commencing with, and including, the ordinary share ex-dividend date.\n \n \n \n \n \n For American Depositary Receipt (ADR) holders, the scrip ADR reference price for the 2020/21 final dividend is US$64.7696. This is calculated by multiplying the scrip dividend reference price above by five (as there are five ordinary shares underlying each ADR) and by the average US$ rate for the equivalent dates. \n \n \n \n \n \n The current terms and conditions of the scrip dividend scheme are available in the Investors section on the Company's \n \n \n website\n \n \n and from Equiniti (0800 169 7775).\n \n \n \n \n \n \n 20\n \n \n 20\n \n \n /\n \n \n 21\n \n \n \n \n \n final\n \n \n dividend timetable:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 20 May 2021\n \n \n \n \n \n \n \n 2020/21 full year results and final dividend amount announced - 32.16 pence per ordinary share; US$2.2812 per ADR* \n \n \n \n \n \n \n 3 June 2021\n \n \n \n \n Ordinary shares and ADRs go ex-dividend for 2020/21 final dividend \n \n \n \n \n \n \n 4 June 2021\n \n \n \n \n Record date for 2020/21 final dividend\n \n \n \n \n \n \n 10 June 2021\n \n \n \n \n Scrip reference price announced\n \n \n \n \n \n \n 21 July 2021 \n \n \n \n \n Scrip election date for 2020/21 final dividend (5pm London time)\n \n \n \n \n \n \n 18 August 2021\n \n \n \n \n 2020/21 final dividend paid to qualifying shareholders\n \n \n \n...