Niagara Mohawk Power Corporation Declares Preferred Stock Dividends
August 27 2018 - 9:32AM
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 July 1, 2018 to
September 30, 2018 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 October 1, 2018, to
holders of record on September 17, 2018.
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. 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.
####
Virginia Limmiatis
NationalGrid
Phone: (315) 452-7708
E-Mail: nationalgridmediarelations@nationalgrid.com
National Grid (NYSE:NGG)
Historical Stock Chart
From Mar 2024 to Apr 2024
National Grid (NYSE:NGG)
Historical Stock Chart
From Apr 2023 to Apr 2024