Britain’s energy watchdog gives go-ahead to initial £28bn of investment to upgrade UK energy infrastructure but reveals move will push up network charges
Britain’s energy watchdog gives go-ahead to initial £28bn of investment to upgrade UK energy infrastructure but reveals move will push up network charges
How much are shareholders extracting per year at the moment?
At 4,961,538,207 shares of National Grid PLC available on the London Stock Exchange, and their latest half-year dividend payout of 16.35p per share, that would be £811,211,497. Or £811 million in easier terms.
Their previous full year dividend was 30.88p per share, or £1,532,122,998. Or £1.5 billion.
It fluctuates each year.
Also bare in mind each individual energy provider which also profits from infrastructure investment.
Also also bare in mind that both National Grid and the energy providers are usually multinationals with shares in more than one stock exchange.