National Fuel Increases Dividend Rate for 55th Consecutive Year

Rhea-AI Summary

National Fuel Gas Company (NYSE: NFG) has announced a 3.9% increase in its quarterly dividend, raising it from 51.5 cents to 53.5 cents per share, resulting in an annual rate of $2.14 per share. This marks the company's 55th consecutive year of dividend increases and extends its remarkable 123-year streak of continuous dividend payments. The dividend will be paid on July 15, 2025, to stockholders of record as of June 30, 2025. National Fuel, a diversified energy company based in Western New York, operates across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility. The company currently has approximately 90.4 million shares of common stock outstanding and no preferred stock.

Positive

• 55 consecutive years of dividend increases demonstrates strong financial stability and commitment to shareholder returns
• 3.9% dividend increase outpaces current inflation rates
• 123-year history of consecutive dividend payments shows exceptional long-term reliability
• Diversified business model across four energy segments reduces operational risk

Negative

• None.

WILLIAMSVILLE, N.Y., June 12, 2025 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company ("National Fuel" or the "Company") (NYSE: NFG) Board of Directors approved a 3.9% increase in the dividend on the Company's common stock, raising the quarterly rate from 51.5 cents per share as approved in June 2024 to 53.5 cents per share for an annual rate of $2.14 per share.

National Fuel has paid dividends for 123 consecutive years and has increased its annual dividend for 55 straight years.

This dividend is payable July 15, 2025, to stockholders of record at the close of business on June 30, 2025. The Company has approximately 90.4 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 assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility. Additional information about National Fuel is available at www.nationalfuel.com.

Investor Contact: Natalie Fischer | 716-857-7315 
Media Contact: Karen Merkel | 716-857-7654

FAQ

What is National Fuel's (NFG) new dividend rate for 2025?

National Fuel's new quarterly dividend rate is 53.5 cents per share, or $2.14 annually, representing a 3.9% increase from the previous rate of 51.5 cents per quarter.

When will NFG's new dividend be payable?

The new dividend will be payable on July 15, 2025, to stockholders of record as of June 30, 2025.

How many consecutive years has National Fuel increased its dividend?

National Fuel has increased its dividend for 55 consecutive years and has paid dividends for 123 consecutive years.

How many shares of NFG stock are outstanding?

National Fuel has approximately 90.4 million shares of common stock outstanding, with no preferred stock.

What business segments does National Fuel operate in?

National Fuel operates in four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.