National Fuel Gas Company Approves 4% Dividend Increase; Quarterly Rate Raised To $0.515 Cents Per Share vs $0.495 Prior, Annual Rate Now $2.06 Per Share vs $1.980 Prior
Portfolio Pulse from Benzinga Newsdesk
National Fuel Gas Company has approved a 4% increase in its dividend. The quarterly rate has been raised to $0.515 per share from $0.495, and the annual rate is now $2.06 per share, up from $1.98.
June 13, 2024 | 1:30 pm
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National Fuel Gas Company has increased its quarterly dividend by 4%, raising it to $0.515 per share from $0.495. The annual dividend rate is now $2.06 per share, up from $1.98.
The increase in dividends is generally seen as a positive signal by investors, indicating the company's confidence in its financial stability and future earnings. This could lead to a short-term increase in the stock price as investors react to the news.
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IMPORTANCE 80
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