I think the National Grid share price could help you retire early

first_img Click here to claim your free copy of this special investing report now! If you’re looking for other blue-chip income and growth stocks to buy for your retirement portfolio today, we have plenty of ideas, some of which are outlined in the report below. Rupert Hargreaves | Saturday, 27th June, 2020 | More on: NG Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images Our 6 ‘Best Buys Now’ Shares If you’re looking to quit the rat race and retire early, I think the National Grid (LSE: NG) share price can help you get there.Indeed, shares in the company have several unique qualities. These imply that this investment could give you significantly higher total returns than many of its blue-chip peers.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…National Grid share price: unique qualitiesNational Grid is responsible for managing the vast majority of the electricity network in England. This makes the business a unique enterprise, and it is unlikely to face any significant competition any time soon.Recreating the company’s network of infrastructure assets, which has been developed over many decades, would cost tens of billions of pounds. What’s more, it’s highly unlikely the government would give the green light to any competitor entering the sector.This is a highly regulated and controlled business that’s critical to national security.As such, it’s highly unlikely the utility provider will ever be dethroned from its position at the top of the UK utility industry. That may mean that the National Grid share price has exceptional long-term investment qualities.At the same time, the organisation has a growing presence in the United States. This business is less secure, and there is more competition. Still, the company’s experience and size in the UK give it a great base to grow off.Management is focusing on the company’s growth efforts on the US market and plans to expand its presence substantially over the coming years.In the group’s most recent financial year (2020) it invested £3.2bn in its US business, up from £2.7bn in 2019. That’s compared to just £1bn of investment for the UK electricity transmission business.Overall, National Grid invested £5.4bn in its most recently completed financial year, growing the overall value of capital assets by 9% year-on-year.Another business in National Grid’s portfolio is its property development enterprise. Management has partnered with St William Homes to make the most of its underutilised land. Last year the business completed and sold 370 homes, yielding an overall net profit for the firm.Dividend championAll of the above suggests that the National Grid share price has highly defensive qualities. The company also has an impressive track record of returning all excess profits to investors with dividends. At present, the stock supports a dividend yield of 5%. That’s around 1% higher than the rest of the FTSE 100.The kind of stable returns that National Grid share price could provide investors in the years ahead may mean that it is the perfect stock to add to your retirement portfolio.Like many businesses, the company is suffering short-term uncertainty due to the coronavirus crisis. However, the long-term nature of the utility business suggests that the National Grid share price should provide attractive total returns for investors over the next few decades as the business remains a critical part of the UK economy. Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. 5 Stocks For Trying To Build Wealth After 50 Simply click below to discover how you can take advantage of this. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. I think the National Grid share price could help you retire early Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Rupert Hargreaveslast_img read more