Northwest Natural Holding Increases Quarterly Dividend From $0.4875 To $0.49 Per Share
Portfolio Pulse from Benzinga Newsdesk
Northwest Natural Holding has announced an increase in its quarterly dividend from $0.4875 to $0.49 per share, with the dividend payable on November 15, 2024, to shareholders of record on October 31, 2024. The annual dividend rate is now $1.96 per share.
October 10, 2024 | 9:21 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Northwest Natural Holding has increased its quarterly dividend, signaling financial stability and potential attractiveness to income-focused investors.
The increase in the quarterly dividend from $0.4875 to $0.49 per share suggests that Northwest Natural Holding is in a stable financial position, which is positive news for investors. This move may attract income-focused investors looking for reliable dividend-paying stocks, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100