SYRACUSE -- Niagara Mohawk Power Corp., a subsidiary of National Grid plc (NYSE: NGG), has declared dividends at the following rates for all series of its preferred stock: .85% of $100 par value, …
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SYRACUSE -- Niagara Mohawk Power Corp., a subsidiary of National Grid plc (NYSE: NGG), has declared dividends at the following rates for all series of its preferred stock:
.85% of $100 par value, 3.40% Series;
.90% of $100 par value, 3.60% Series;
.975% of $100 par value, 3.90% Series.
Preferred stock dividends are payable March 31, 2011, to holders of record February 28, 2011; ex-dividend date February 24, 2011.