.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.
SYRACUSE, N.Y.--(BUSINESS WIRE)--
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 July 1, 2014 to
September 30, 2014 at the following rates for all outstanding series of
its preferred stock:
The preferred stock dividends are payable on September 30, 2014, to
holders of record on September 17, 2014.
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.
Niagara Mohawk Power Corporation
Source: Niagara Mohawk Power Corp