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National Grid

Annual Report and Accounts 2006/07

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Financial Statements

12. Dividends

The following table shows the dividends paid to equity shareholders:

 
  2007
pence
(per ordinary
share)
2007
£m
2006
pence
(per ordinary
share)
2006
£m
2005
pence
(per ordinary
share)
2005
£m
Ordinary dividends            
Interim dividend for the year ended 31 March 2007 10.9 297 - - - -
Final dividend for the year ended 31 March 2006 15.9 433 - - - -
Interim dividend for the year ended 31 March 2006 - - 10.2 276 - -
Final dividend for the year ended 31 March 2005 - - 15.2 469 - -
Interim dividend for the year ended 31 March 2005 - - - - 8.5 262
Final dividend for the year ended 31 March 2004 - - - - 11.9 366
  26.8 730 25.4 745 20.4 628

In addition, the Directors are proposing a final dividend for 2007 of 17.8p per share that will absorb £481m of shareholders' equity. It will be paid on 22 August 2007 to shareholders who are on the register of members at 8 June 2007.

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