National Fuel Increases Quarterly Dividend From $0.475 To $0.495/Share
Portfolio Pulse from Benzinga Newsdesk
National Fuel Gas Company (NYSE:NFG) has approved a 4.2% increase in its quarterly dividend, raising it from $0.475 to $0.495 per share. The new annual rate is $1.98 per share, and the dividend is payable on July 14, 2023, to stockholders of record on June 30, 2023.
June 15, 2023 | 12:40 pm
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National Fuel Gas Company (NFG) has increased its quarterly dividend by 4.2% to $0.495 per share, with an annual rate of $1.98 per share.
The increase in the dividend is a positive signal for investors, as it indicates the company's confidence in its financial performance and commitment to returning value to shareholders. This news is likely to have a positive short-term impact on NFG's stock price.
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