National Grid earnings ahead of forecasts as new divi policy is revealed

FTSE 100-listed electricity and gas group National Grid has unveiled a new dividend policy which is to apply from April 1st 2013.

FTSE 100-listed electricity and gas group National Grid has unveiled a new dividend policy which is to apply from April 1st 2013.

The group said that the new policy would aim to grow the ordinary dividend at least in line with the rate of RPI (Retail Price Index) inflation each year for the foreseeable future.

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