National Fuel Gas (NFG) will raise its quarterly dividend by 2.4 percent to $0.425 per share in 2018.
This marks the 48th consecutive year of dividend increases by NFG. National Fuel has paid dividends for 116 consecutive years.
The next dividend is payable July 13, 2018, to shareholders of record at the close of business on June 29, 2018. The new annual dividend translates into an estimated yield of 3.2% for NFG. In 2017 the company hiked its dividend by 2.5 percent to $0.415 quarterly.
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.
2022