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FTSE 100 drops as major firms including National Grid go ex-dividend, shaving 10.8 points off the index.

Market News
28 May 2026
Proactive Investors
View Source
Bearish
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The FTSE 100 index fell due to a busy ex-dividend day affecting several blue-chip companies. National Grid led the decline, expected to reduce the index by about 6.75 points following its 32.14p dividend payout. Other notable companies like Severn Trent, Informa, Intertek, and Kingfisher also contributed to the drop, with the total impact estimated at 10.8 points. Similar dividend-related adjustments affected the FTSE 250, involving firms such as Keller Group and Hilton Food Group. These ex-dividend movements temporarily lower index values as stocks trade without their latest dividend entitlements.

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