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The rights issue is at 645p per share on the basis of seven new shares for every 24 existing shares, National Grid said in a stock market statement on Thursday.
UK equities have long been popular with income investors. But as the economic outlook deteriorates, dividend growth is likely to slow. Can you still find good yields?
The brewing giant's UK arm also saw growth, fuelled by the popularity of Birra Moretti and a boost in its 'premium' brand portfolio
Among the companies with reports and trading updates today are Bellway, Revolution Bars, Ocado, Asos, 888, Flutter, Fevertree and Pets at Home.
Fevertree Drinks faced a cocktail of cost pressures in 2023, but solid performance in the US helped annual profits meet market expectations.