National Grid Plans Share Consolidation After 84.4P Special Dividend

Features Dow Jones Newswires

Gas and electricity network operator National Grid PLC (NG.LN) Wednesday said its board approved a special dividend of 84.4 pence per share and added that it plans a share consolidation to replace every 12 shares with 11 shares.

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-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

(END) Dow Jones Newswires

April 19, 2017 13:39 ET (17:39 GMT)