National Grid Dividend and Significant Developments: Insights Before the May 30, 2025 Ex-Dividend Date

National Grid (NGG) has announced its upcoming dividend details, with the ex-dividend date set for May 30, 2025, the announcement made on May 19, 2025, and the dividend payable on Jul 28, 2025. The dividend per share stands at $2.055, which is notably higher than the average of the last ten dividends of $1.487. The last dividend was distributed on Jan 14, 2025, at $1.020 per share. Both dividends are categorized as cash dividends. This increase in the dividend per share indicates a positive trend and suggests confidence from the company in its financial health and future prospects.

Recently, National Grid plc has been the subject of several significant developments. Over the past week, National Grid announced a major change in its shareholding structure as Bank of America Corporation increased its voting ordinary shares to 5.58%. This notable shift in shareholder dynamics suggests potential influence on future corporate decisions and reflects investor confidence in the company. Furthermore, National Grid has signed a deal with Kraken, bringing an innovative customer-service platform to over 6 million US energy customers. This strategic initiative is expected to enhance customer engagement and streamline operations, signaling a forward-thinking approach in the competitive energy sector.

In addition to these developments, National Grid recently reported its FY 2025 results, showcasing an underlying EPS of 73.300 pence, up 2% from the previous year, exceeding guidance. This reflects solid financial performance and stability amidst challenges in revenue and profitability. Analysts have also indicated a positive sentiment from the earnings call, highlighting significant investments and strategic initiatives that bolster the stock's outlook. The technical indicators are showing bullish momentum, and the valuation offers a reasonable P/E with an attractive dividend yield, further strengthening investor confidence.

In conclusion, investors should take note of National Grid's upcoming ex-dividend date on May 30, 2025, as it marks the last day to purchase shares and qualify for the dividend. Any acquisitions made after this date will not entitle shareholders to the dividend from this cycle.