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National Fuel Declares Quarterly Dividend and Reports Preliminary Voting Results from the Annual Meeting of Shareholders

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Rhea-AI Summary

The Board of Directors of National Fuel Gas Company (NYSE:NFG) has declared a quarterly dividend of 44.5 cents per share, payable on April 15, 2021, to stockholders on record by the close of business on March 31, 2021. With approximately 91.2 million shares outstanding, this decision highlights the company’s commitment to returning value to its shareholders. Additionally, at the Annual Meeting, stockholders approved four management proposals, including the election of new directors and the ratification of PricewaterhouseCoopers LLP as the independent accounting firm, ensuring strong governance moving forward.

Positive
  • Quarterly dividend of 44.5 cents per share demonstrates commitment to shareholders.
  • All management proposals at the Annual Meeting were approved, indicating strong shareholder support.
Negative
  • None.

WILLIAMSVILLE, N.Y., March 11, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of National Fuel Gas Company (NYSE:NFG) today approved payment of a regular quarterly dividend of 44.5 cents per share on the Company’s common stock. The dividend is payable April 15, 2021, to stockholders of record at the close of business on March 31, 2021. The Company has approximately 91.2 million shares of common stock outstanding. It has no preferred stock outstanding.

At the Annual Meeting of Stockholders, held today, the Company announced preliminary results of the stockholder vote on four management proposals. All were approved, including the election of David H. Anderson, David P. Bauer, Barbara M. Baumann, and Rebecca Ranich as directors for terms to expire in 2024; the advisory vote on named executive officer compensation; the approval of an amendment of the Restated Certificate of Incorporation to declassify the Board of Directors; and the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm.

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.

Analyst Contact: Kenneth Webster | 716-857-7067
Media Contact: Karen Merkel | 716-857-7654


FAQ

What is the dividend amount for NFG?

National Fuel Gas Company has declared a quarterly dividend of 44.5 cents per share.

When will the NFG dividend be paid?

The dividend is payable on April 15, 2021.

When is the record date for NFG's dividend?

The record date for the dividend is March 31, 2021.

Who were elected as new directors for NFG?

David H. Anderson, David P. Bauer, Barbara M. Baumann, and Rebecca Ranich were elected as directors.

National Fuel Gas Co.

NYSE:NFG

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5.39B
89.68M
1.22%
76.9%
3.11%
Oil & Gas Integrated
Natural Gas Distribution
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United States of America
WILLIAMSVILLE