National Fuel Gas Company Announces Quarterly Dividend Update

Author: Olivia Taylor Updated: 09-13-2024 12:00 PM

National Fuel Gas Company Declares Quarterly Dividend

Today, the National Fuel Gas Company, commonly known as National Fuel, declared a regular quarterly dividend of 51.5 cents per share for its common stock. This announcement came from the Board of Directors, demonstrating the company's ongoing commitment to providing value to its shareholders.

Dividend Payment Details

The announced dividend is set to be payable on October 15, 2024, to all stockholders who are on the record as of the close of business on September 30, 2024. This timely announcement highlights the company's focus on shareholder returns amidst the competitive energy market.

Company Overview and Business Segments

National Fuel operates a robust business model with approximately 91.1 million shares of common stock currently outstanding. The company does not have any preferred stock outstanding, reinforcing its strategic alignment towards its common stockholders.

Diverse Energy Operations

Headquartered in Western New York, National Fuel is a diversified energy company managing an integrated collection of natural gas assets. Its operations span four main business segments, namely Exploration & Production, Pipeline & Storage, Gathering, and Utility services. This varied approach allows them to effectively navigate the complexities of the energy market.

Commitment to Shareholders

National Fuel’s strategy underscores the significance of regular dividends as a method for retaining and attracting investment. Such initiatives reflect the company's robust financial health and its dedication to returning profits to its shareholders while also investing in future growth.

Future Outlook

As National Fuel continues to engage with evolving energy markets, its focus will remain on sustaining operational excellence and delivering shareholder value. The declared dividend is a promising indication of the company's performance outlook and commitment to its financial strategy.

Frequently Asked Questions

What is the dividend amount declared by National Fuel?

The dividend amount declared by National Fuel is 51.5 cents per share.

When will the dividend be paid?

The dividend is scheduled to be paid on October 15, 2024.

Who will receive the dividend?

Only stockholders of record at the close of business on September 30, 2024, will receive the dividend.

How many shares does National Fuel have outstanding?

National Fuel has approximately 91.1 million shares of common stock outstanding.

Where is National Fuel headquartered?

National Fuel is headquartered in Western New York.

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