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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: RumbleFish who wrote (10706)	1/5/2012 5:16:14 PM
From: chowder	Respond to of 34328

Re: NGG ... They are talking about a dividend cut in 2013, not 2012. If I read the article correctly, they say the UK Government is going to put price controls in place. Well, I knew that. It's just that I think they allow the rate increase first and that rate increase is supposed to be locked in for years. We'll see. From what I read, the UK electric grid needs a huge overhaul. If NGG doesn't get the rate increase, the UK may go back to the dark ages. Ha! Ha! I'll see what Morningstar says about this tomorrow. They just added more NGG to their portfolio.