National Grid PLC ADR Dividends
The next dividend date for National Grid PLC ADR has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for National Grid PLC ADR (NGG)
More About National Grid PLC ADR
National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in east and west Midlands, Southwest of England, and South Wales. The New England segment provides electricity and gas supply and distribution, and high-voltage electricity transmission services in New England. The New York segment offers electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.
Owning National Grid PLC ADR Stock on the Dividend Date
If you own National Grid PLC ADR stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of National Grid PLC ADR stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of National Grid PLC ADR stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying National Grid PLC ADR stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the National Grid PLC ADR dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More National Grid PLC ADR Dividends
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