{"id":714741,"date":"2022-11-23T17:04:43","date_gmt":"2022-11-23T22:04:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\/"},"modified":"2022-11-23T17:04:43","modified_gmt":"2022-11-23T22:04:43","slug":"niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\/","title":{"rendered":"NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">SYRACUSE, N.Y.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 23, 2022<\/span><\/span> \/PRNewswire\/ &#8212; Niagara Mohawk Power Corp. (the &#8220;Company&#8221;), an indirect subsidiary of National Grid <span class=\"xn-location\">USA<\/span> (&#8220;National Grid&#8221;), announced that its Board of Directors has declared dividends for the period <span class=\"xn-chron\">Oct. 1, 2022<\/span> through <span class=\"xn-chron\">Dec. 31, 2022<\/span> at the following rates for all outstanding series of its preferred stock:<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/755012\/National_Grid_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/755012\/National_Grid_Logo.jpg\" title=\"(PRNewsfoto\/National Grid)\" alt=\"(PRNewsfoto\/National Grid)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<ul type=\"disc\">\n<li>.85% on the <span class=\"xn-money\">$100<\/span> par value, 3.40% Series;<\/li>\n<li>.90% on the <span class=\"xn-money\">$100<\/span> par value, 3.60% Series;<\/li>\n<li>.975% on the <span class=\"xn-money\">$100<\/span> par value, 3.90% Series.<\/li>\n<\/ul>\n<p>The preferred stock dividends are payable on <span class=\"xn-chron\">Jan. 2, 2023<\/span>, to holders of record on <span class=\"xn-chron\">Dec. 19, 2022<\/span>.<\/p>\n<p>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 <span class=\"xn-location\">New York<\/span>. The Company is based in <span class=\"xn-location\">Syracuse, N.Y.<\/span><\/p>\n<p>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 <span class=\"xn-location\">New York<\/span> and New England. It is\u00a0the largest distributor of natural gas in the northeastern U.S., serving approximately 3.4 million customers in <span class=\"xn-location\">New York<\/span> and New England.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE46193&amp;sd=2022-11-23\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-301686544.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-301686544.html<\/a><\/p>\n<p>SOURCE  National Grid<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE46193&amp;Transmission_Id=202211231644PR_NEWS_USPR_____NE46193&amp;DateId=20221123\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SYRACUSE, N.Y. , Nov. 23, 2022 \/PRNewswire\/ &#8212; Niagara Mohawk Power Corp. (the &#8220;Company&#8221;), an indirect subsidiary of National Grid USA (&#8220;National Grid&#8221;), announced that its Board of Directors has declared dividends for the period Oct. 1, 2022 through Dec. 31, 2022 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 Jan. 2, 2023, to holders of record on Dec. 19, 2022. The Company, doing business as National Grid, provides electricity service to approximately 1.6 million customers and natural gas service to approximately 565,000 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-714741","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SYRACUSE, N.Y. , Nov. 23, 2022 \/PRNewswire\/ &#8212; Niagara Mohawk Power Corp. (the &#8220;Company&#8221;), an indirect subsidiary of National Grid USA (&#8220;National Grid&#8221;), announced that its Board of Directors has declared dividends for the period Oct. 1, 2022 through Dec. 31, 2022 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 Jan. 2, 2023, to holders of record on Dec. 19, 2022. The Company, doing business as National Grid, provides electricity service to approximately 1.6 million customers and natural gas service to approximately 565,000 &hellip; Continue reading &quot;NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-23T22:04:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/755012\/National_Grid_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS\",\"datePublished\":\"2022-11-23T22:04:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\\\/\"},\"wordCount\":187,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/755012\\\/National_Grid_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/niagara-mohawk-power-corporation-declares-preferred-stock-dividends-7\\\/\",\"name\":\"NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS - 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(the &#8220;Company&#8221;), an indirect subsidiary of National Grid USA (&#8220;National Grid&#8221;), announced that its Board of Directors has declared dividends for the period Oct. 1, 2022 through Dec. 31, 2022 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 Jan. 2, 2023, to holders of record on Dec. 19, 2022. 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