National Fuel Gas Company's Board of Directors approved a 4.2% increase, raising the quarterly rate to 49.5 cents per share
Dividends
June 16, 2023
National Fuel Gas Company (NFG) recently made an announcement regarding an increase in its dividend. The Board of Directors approved a 4.2% increase, raising the quarterly rate from 47.5 cents per share to 49.5 cents per share, resulting in an annual rate of $1.98 per share. With a rich history of dividend payments for 121 consecutive years and 53 straight years of annual dividend increases.
In a move that reflects National Fuel's strong financial position and commitment to shareholder value, the Board of Directors approved a 4.2% increase in the dividend on the Company's common stock. This decision raises the quarterly rate to 49.5 cents per share, with an annual rate of $1.98 per share. Shareholders can expect to receive the increased dividend on July 14, 2023.
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