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

Rhea-AI Summary

The Board of Directors of National Fuel Gas Company (NFG) has declared a quarterly dividend of 45.5 cents per share, payable on April 15, 2022. Stockholders of record by March 31, 2022 will receive this dividend, impacting the approximately 91.4 million shares outstanding. Additionally, the company held its Annual Meeting, where stockholders approved management proposals including the election of new directors and the appointment of PricewaterhouseCoopers LLP as the independent auditor.

Positive

• Declared quarterly dividend of 45.5 cents per share enhances shareholder returns.
• All management proposals approved by stockholders indicating strong governance.

Negative

• None.

WILLIAMSVILLE, N.Y., March 10, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of National Fuel Gas Company (NYSE:NFG) today approved payment of a regular quarterly dividend of 45.5 cents per share on the Company’s common stock. The dividend is payable April 15, 2022, to stockholders of record at the close of business on March 31, 2022. The Company has approximately 91.4 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 three management proposals. All were approved, including the election of David C. Carroll, Steven C. Finch, Joseph N. Jaggers, and David F. Smith as directors for one-year terms expiring in 2023; the advisory vote on named executive officer compensation; 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.

FAQ

What is the dividend amount for NFG?

NFG's quarterly dividend is 45.5 cents per share.

When will NFG pay its dividend?

The dividend will be paid on April 15, 2022.

Who is eligible for the NFG dividend?

Stockholders of record as of March 31, 2022, are eligible.

What proposals were approved at the NFG Annual Meeting?

All management proposals, including executive compensation and auditor appointment, were approved.