Corning Natural Gas Holding Corporation (CNIG) Raises Quarterly Dividend 5.2% to $0.1525; 3% Yield
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Corning Natural Gas Holding Corporation Increases Dividend for Eleventh Consecutive Year
January 31, 2020 10:00 AM ESTCORNING, N.Y., Jan. 31, 2020 (GLOBE NEWSWIRE) -- Corning Natural Gas Holding Corporations (Other OTC: CNIG) Board of Directors declared a common stock dividend for holders of record March 31, 2020. The common stock dividend of $0.1525/share, which is equal to an annualized rate of $0.61/share, is an increase of 5.2 % from the annualized rate of $0.58/share in 2019. This is the 11th consecutive year the company has increased its dividend since reinstituting the cash dividend payment in 2009, stated Mike German, CEO for the Company. The board also approved its 6% Series A Cumulative Preferred Stock and Series B... More
