Corning Natural Gas Holding Corporation (CNIG) Declares $0.1525 Quarterly Dividend; 2.5% Yield

Go back to Corning Natural Gas Holding Corporation (CNIG) Declares $0.1525 Quarterly Dividend; 2.5% Yield

Corning Natural Gas Holding Corporation Reports Annual Earnings and Declares Quarterly Dividends

December 17, 2021 4:00 PM EST

CORNING, N.Y. , Dec. 17, 2021 (GLOBE NEWSWIRE) -- Corning Natural Gas Holding Corporation (OTCQX: CNIG) announced a consolidated net loss of ($1.32MM or $0.43) per share for the quarter ended September 30, 2021. This compares to a consolidated net loss of ($576K or $0.19) per share for the quarter ended September 30, 2020. The company reported net income for the year ended September 30, 2021 of $1.28MM or $0.42 per share, compared to $2.96MM or $0.97 per share for the year ended September 30, 2020. CFO Charles Lenns commented, While revenue and gross margins increased this year, the company saw earnings decline, for both the three-month period... More