NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS
March 04 2019 - 1:34PM
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 Jan. 1, 2019 to
March 31, 2019 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
April 1, 2019, to holders of record on March 18, 2019. 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
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