National Fuel Increases Dividend Rate for 45th Consecutive Year
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WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- Today, members of the National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE: NFG) Board of Directors approved a 2.6 percent increase in the dividend on the Company’s common stock, raising the quarterly rate from 38.5 cents per share as approved in June 2014 to 39.5 cents per share for an annual rate of $1.58 per share.
National Fuel has paid dividends for 113 consecutive years and has increased its annual dividend for 45 straight years.
This dividend is payable July 15, 2015, to shareholders of record at the close of business on June 30, 2015. The Company has approximately 84.5 million shares of common stock outstanding. It has no preferred stock outstanding.
National Fuel is an integrated energy company comprised of the following five operating segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. Additional information about National Fuel is available at www.nationalfuelgas.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150611005938/en/
National Fuel Gas Company
Analysts:
Brian M.
Welsch, 716-857-7875
or
Media:
Karen L. Merkel,
716-857-7654
Source: National Fuel Gas Company
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