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Scrip Dividend for 2022/23 Final Dividend
Scrip Dividend for 2022/23 Final Dividend.
About this update from National Grid Plc
[{"type":"text","content":"\n\n \n \n \n8 June 2023\n \nNational Grid plc ('National Grid' or 'Company')\n \nScrip Dividend for 2022/23 Final Dividend\n \nThe 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 2 June 2023, the dividend record date. A timetable is provided below.\n \nFor ordinary shareholders, the scrip dividend reference price for the 2022/23 final dividend is 1,059.00 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 \nFor American Depositary Receipt (ADR) holders, the scrip ADR reference price for the 2022/23 final dividend is US$65.9534. This is calculated by multiplying the scrip dividend reference price above by five (as there are five ordinary shares underlying each ADR) and by the average US$ rate for the equivalent dates. \n \nThe current terms and conditions of the scrip dividend scheme are available in the Investors section on the Company's website and from Equiniti (0800 169 7775).\n \n2022/23 final dividend timetable:\n\n\n\n\n\n\n\n\n\n\n\n18 May 2023\n \n\n\n2022/23 full year results and final dividend amount announced - 37.60 pence per ordinary share; US$2.3459 per ADR*\n\n\n\n\n1 June 2023\n\n\nOrdinary shares and ADRs go ex-dividend for 2022/23 final dividend\n\n\n\n\n2 June 2023\n\n\nRecord date for 2023/23 final dividend\n\n\n\n\n8 June 2023\n\n\nScrip reference price announced\n\n\n\n\n12 July 2023\n\n\nScrip election date for 2022/23 final dividend (5pm London time)\n\n\n\n\n9 August 2023\n\n\n2022/23 final dividend paid to qualifying shareholders\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n*The figure shown is gross of a $0.02 per ADR interim dividend fee which will be applied to cash distributions made to ADR holders in relation to the 2022/23 final dividend. This fee does not apply to ADRs received through the scrip dividend.\n \n \n \nPritti Patel\nDeputy Company Secretary and General Counsel Corporate\nNational Grid plc\n \n \n \n\n","length":7145,"tagName":"div"}]