The share price of National Grid plc (NYSE:NGG) fell by 4.51% between May 27 and June 3, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let’s shed some light on the development.
An overhead view of electricity transmission towers, showing the scale and reach of the company’s network.
National Grid plc (NYSE:NGG) is one of the largest investor-owned energy companies in the US, serving more than 20 million people throughout New York and Massachusetts.
It was announced last week that National Grid plc (NYSE:NGG) has completed the sale of its National Grid Renewables business to Brookfield Asset Management and its institutional partners, including Brookfield Renewable Partners. Moreover, the company announced its FY 2025 results recently, and investors reacted negatively to the fact that National Grid paid a dividend of 46.72p per share in 2024, down approximately 20% from the 58.52p the year before. For years, NGG offered a yield of more than 5.5%, which has now fallen to 4.31%.
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