Northwest Natrl Stock Price, News & Analysis

Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.5 cents per share on its common stock. The dividend will be paid on August 15, 2023 to shareholders of record on July 31, 2023. The company's indicated annual dividend rate is $1.94 per share.

NW Natural Holdings owns several businesses, including Northwest Natural Gas Company, NW Natural Water Company, and NW Natural Renewables Holdings. The company has been recognized by Ethisphere® as one of the World's Most Ethical Companies® in 2022 and 2023. NW Natural provides natural gas service to approximately 2.5 million people through nearly 795,000 meters in Oregon and Southwest Washington. NW Natural Water serves an estimated 156,000 people through about 63,000 connections in the Pacific Northwest, Texas, and Arizona.

Northwest Natural Holding Company (NYSE: NWN) will release its first quarter 2023 earnings on May 4, 2023, at 8 a.m. PT (11 a.m. ET). An analyst conference call will follow to discuss the results. Investors can join through the corporate website or by phone, with specific numbers provided for the U.S., Canada, and international callers. NWN serves approximately 2.5 million people in Oregon and Southwest Washington through 795,000 natural gas meters and also provides water services to 155,000 people across the Pacific Northwest, Texas, and Arizona. The company has been recognized as one of the World’s Most Ethical Companies by Ethisphere® in 2022 and 2023, highlighting its commitment to safety and environmental stewardship.

The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.5 cents per share, payable on May 15, 2023, to shareholders of record as of April 28, 2023. This results in an indicated annual dividend rate of $1.94 per share. NW Natural, based in Portland, Oregon, has been operating for over 160 years, providing natural gas service to approximately 2.5 million people across 140 communities through nearly 795,000 meters in Oregon and Southwest Washington. Additionally, the company provides water distribution and wastewater services, serving around 155,000 people. NW Natural is committed to safety and environmental stewardship, having been recognized as one of the World’s Most Ethical Companies® in 2022 and 2023.

Northwest Natural Holdings (NYSE: NWN) reported a net income of $86.3 million for 2022, up 10% from $78.7 million in 2021, with earnings per share at $2.54. The company added 8,600 natural gas meters, a 1.1% growth rate, and invested $338.6 million in utility systems. NW Natural Water expanded by 70% through a major acquisition in Yuma, Arizona. The company initiated 2023 earnings guidance of $2.55 to $2.75 per share, reaffirming a long-term EPS growth target of 4% to 6%. Moreover, it has increased dividends for the 67th consecutive year.