National Fuel Declares Quarterly Dividend
National Fuel Gas Company (NFG) has announced a quarterly dividend of 44.5 cents per share, payable on January 15, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
National Fuel Gas Company (NFG) has announced a quarterly dividend of 44.5 cents per share, payable on January 15, 2021. The dividend will benefit shareholders of record by December 31, 2020. With approximately 91 million shares of common stock outstanding, this move reinforces the company's commitment to returning value to its investors. National Fuel operates in various sectors of the energy industry, including Exploration, Pipeline, Storage, Gathering, and Utility.
Positive
- Quarterly dividend of 44.5 cents per share reflects confidence in financial stability.
- Dividend payment scheduled for January 15, 2021, strengthens shareholder returns.
Negative
- None.
Details
News Market Reaction – NFG
The recorded move for NFG in the trading session of this news was -0.19%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILLIAMSVILLE, N.Y., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) Board of Directors approved a regular quarterly dividend of 44.5 cents per share on the Company's common stock. The dividend is payable Jan. 15, 2021, to shareholders of record at the close of business on Dec. 31, 2020.
The Company has approximately 91.0 million shares of common stock outstanding. It has no preferred stock outstanding.
National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas and oil assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility. Additional information about National Fuel is available at www.nationalfuel.com.
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