National Grid increases final dividend from 30,44p to 31,26p

National Grid announced an increase of their final dividend from 30,44p to 31,26p. This is an increase of 2,7%. National Grid is a British multinational electricity and gas utility company.

As a result of the 200 shares National Grid I own, my yearly estimated dividend income will increase by €2,13.

The yield on cost of my National Grid position based on the full year dividend is now 5,35%.

This dividend increase is my 25th dividend increase over 2019. On the otherhand I have 3 dividend reductions. The 28 dividend changes resulted in €96,57 extra dividend per year.

+4,6 Final Dividend Increase National Grid

During the 2017/2018 full year results publication National Grid announced a 4,6% increase of their final dividend over the bookyear 2017/2018. The final dividend will increaes from 29,1 pence to 30,44 pence.

I own 100 shares National Grid so this final dividend increase will result in 134 pence extra dividend. In euro’s this is €1,53.