National Fuel Declares Quarterly Dividend
National Fuel Gas Company (NYSE:NFG) announced a quarterly dividend of 45.5 cents per share, approved by its Board of Directors.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
National Fuel Gas Company (NYSE:NFG) announced a quarterly dividend of 45.5 cents per share, approved by its Board of Directors. The dividend will be payable on Oct. 15, 2021, to shareholders of record as of Sept. 30, 2021. The company has approximately 91.2 million shares of common stock outstanding and no preferred stock. National Fuel operates across four business segments, focusing on natural gas and oil assets.
Positive
- Quarterly dividend increase demonstrates company confidence in ongoing profitability.
- Dividend payment supports income for shareholders.
Negative
- None.
Details
News Market Reaction – NFG
The recorded move for NFG in the trading session of this news was -1.44%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILLIAMSVILLE, N.Y., Sept. 17, 2021 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) Board of Directors approved a regular quarterly dividend of 45.5 cents per share on the Company's common stock. The dividend is payable Oct. 15, 2021, to shareholders of record at the close of business on Sept. 30, 2021.
The Company has approximately 91.2 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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