Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  National Grid plc    NG.   GB00B08SNH34


SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 

National Grid plc : Niagara Mohawk Power Corporation Declares Preferred Stock Dividends

06/07/2013 | 12:00pm US/Eastern

Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has declared dividends for the period April 1, 2013 to June 30, 2013 at the following rates for all outstanding series of its preferred stock:

  • .85% on the $100 par value, 3.40% Series;
  • .90% on the $100 par value, 3.60% Series;
  • .975% on the $100 par value, 3.90% Series.

The preferred stock dividends are payable on July 1, 2013, to holders of record on June 17, 2013.

The Company, doing business as National Grid, provides electricity service to approximately 1.6 million customers and natural gas service to approximately 565,000 customers in upstate New York. The Company is based in Syracuse, N.Y.

National Grid is an indirect subsidiary of National Grid plc (LSE: NG; NYSE:NGG). National Grid delivers electricity to approximately 3.3 million customers in Massachusetts, New York, and Rhode Island, and manages the electricity network on Long Island under an agreement with the Long Island Power Authority (LIPA) which agreement is scheduled to expire on December 31, 2013. It is the largest distributor of natural gas in the northeastern U.S., serving approximately 3.4 million customers in Massachusetts, New York, and Rhode Island. National Grid also owns over 4,000 megawatts of contracted electricity generation that provides power to over one million LIPA customers.

Niagara Mohawk Power Corp.
Virginia Limmiatis, 315-452-7708

© Business Wire 2013
Recommend :
React to this article
Latest news on NATIONAL GRID PLC
12h ago NATIONAL GRID : *goldman raises national grid price target to 786 (780) pence - ..
12h ago NATIONAL GRID : Sata's National Assembly Speech
1d ago NATIONAL GRID : BP Adams Unveils Legislation Using Vanity License Plates to Fund..
2d ago Utilities
3d ago NATIONAL GRID : embarks on rhode island natural gas systerm pilot expansion
3d ago NATIONAL GRID : UK Plc could create £1bn a year clean profit from power-hungry e..
3d ago NATIONAL GRID : Embarks on Rhode Island Natural Gas System Pilot Expansion
3d ago UTILITIES Centrica 3211/8 +11/4 4021/4
4d ago NATIONAL GRID : Thursday, September 18, 2014 - NATIONAL GRID EMBARKS ON RHODE IS..
4d ago UTILITIES Centrica 3197/8 +3/8 4021/4
Duration : Period :
National Grid plc Technical Analysis Chart | NG. | GB00B08SNH34 | 4-Traders
Income Statement Evolution
National Grid plc : Income Statement Evolution
More Financials
Dynamic quotes