National Fuel Gas Company's Board of Directors approved a 4.2% increase, raising the quarterly rate to 49.5 cents per share
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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