Income Boosters: earnings boost for FTSE 100 stalwart
Our dividend stocks are continuing to report robust performances despite the impact of inflation and slowing economic growth. Indeed, one of our stocks has upgraded its earnings guidance this week, highlighting the benefits of a diversified portfolio.
Equity markets remain challenging but these big cash generators continue to pay out attractive dividends to shareholders.
National Grid: electric profits
Half-year results: Pre-tax profit rose by 47% to £1,455m at National Grid (LON: NG) during the six months to 30 September. The electricity and gas network operator said that the majority of the increase had come from its recently expanded UK electricity distribution business. The remainder came from property sales to housebuilder Berkeley Group.
The…
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