Northwest Natural Holding Increases Quarterly Dividend From $0.4850 To $0.4875 Per Share
Portfolio Pulse from Benzinga Newsdesk
Northwest Natural Holding has announced an increase in its quarterly dividend from $0.4850 to $0.4875 per share. The dividend will be paid on November 15, 2023, to shareholders of record on October 31, 2023. The company's indicated annual dividend rate is $1.95 per share.
October 12, 2023 | 9:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Northwest Natural Holding (NWN) has increased its quarterly dividend, which may make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This could potentially attract more investors, driving up the demand and price of the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100