National Fuel Gas Company Announces Quarterly Dividend
Today, National Fuel Gas Company, or simply National Fuel, announced a regular quarterly dividend of 51.5 cents per share for its common stock. This news comes from the Board of Directors, highlighting the company's dedication to delivering value for its shareholders.
Dividend Payment Information
The declared dividend will be payable on October 15, 2024, for all stockholders listed on the record as of the end of the business day on September 30, 2024. This announcement reinforces the company’s emphasis on returning value to shareholders in a competitive energy landscape.
About National Fuel and Its Business Segments
National Fuel boasts a strong business model, with around 91.1 million shares of common stock currently in circulation. There are no preferred shares outstanding, which aligns with the company’s strategic focus on its common stockholders.
Diverse Energy Operations
Based in Western New York, National Fuel operates as a diversified energy company with a well-integrated portfolio of natural gas assets. The company’s activities span four key areas: Exploration & Production, Pipeline & Storage, Gathering, and Utility Services. This diverse framework enables them to adeptly navigate the challenges of the energy market.
Commitment to Shareholders
National Fuel’s approach emphasizes the importance of consistent dividends as a strategy for both retaining and attracting investments. Such measures are a testament to the company's strong financial footing and its commitment to returning profits to shareholders while simultaneously investing in future growth opportunities.
Looking Ahead
As National Fuel continues to adapt to changing energy markets, it aims to maintain operational excellence and enhance shareholder value. The announced dividend serves as a positive indicator of the company’s performance outlook and its adherence to its financial plans.
Frequently Asked Questions
What is the dividend amount declared by National Fuel?
National Fuel has declared a dividend of 51.5 cents per share.
When will the dividend be paid?
The dividend is set to be paid on October 15, 2024.
Who will be eligible to receive the dividend?
Only stockholders recorded by the close of business on September 30, 2024, will receive the dividend.
How many shares does National Fuel have outstanding?
National Fuel currently has approximately 91.1 million shares of common stock outstanding.
Where is National Fuel's headquarters located?
National Fuel is headquartered in Western New York.
