National Fuel Increases Dividend Rate for 49th Consecutive Year
14 June 2019 - 12:43AM
Today, the National Fuel Gas Company (“National Fuel” or the
“Company”) (NYSE:NFG) Board of Directors approved a 2.4 percent
increase in the dividend on the Company’s common stock, raising the
quarterly rate from 42.5 cents per share as approved in June 2018
to 43.5 cents per share for an annual rate of $1.74 per share.
National Fuel has paid dividends for 117 consecutive years and
has increased its annual dividend for 49 straight years.
This dividend is payable July 15, 2019, to shareholders of
record at the close of business on June 28, 2019. The Company has
approximately 86.3 million shares of common stock outstanding. It
has no preferred stock outstanding.
National Fuel is a diversified energy company headquartered in
Western New York that operates an integrated collection of natural
gas and oil assets across five business segments: Exploration &
Production, Pipeline & Storage, Gathering, Utility, and Energy
Marketing.Additional information about National Fuel is available
at www.nationalfuelgas.com.
Analyst Contact:
Kenneth E. Webster
716-857-7067
Media Contact:
Karen L. Merkel
716-857-7654
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