NW Natural Holdings Announces Dividend

Rhea-AI Summary

The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.25 cents per share, payable on February 15, 2022, to shareholders of record as of January 31, 2022. This translates to an annual dividend rate of $1.93 per share. NWN has been operational for over 160 years and serves approximately 2.5 million people across Oregon and Southwest Washington through its natural gas and water services.

Positive

• Declared a quarterly dividend of 48.25 cents per share, indicating financial health and commitment to returning value to shareholders.
• Indicated annual dividend rate of $1.93 per share reflects company confidence and stability.

Negative

• None.

PORTLAND, Ore.--(BUSINESS WIRE)-- The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.25 cents per share on the Company's common stock.

The dividend will be paid on Feb. 15, 2022 to shareholders of record on Jan. 31, 2022. The Company's indicated annual dividend rate is $1.93 per share.

About NW Natural Holdings

Northwest Natural Holding Company, (NYSE: NWN) (NW Natural Holdings), is headquartered in Portland, Oregon and has been doing business for more than 160 years. It owns Northwest Natural Gas Company (NW Natural), NW Natural Water Company (NW Natural Water), NW Natural Renewables Holdings (NW Natural Renewables), and other business interests.

NW Natural is a local distribution company that currently provides natural gas service to approximately 2.5 million people in more than 140 communities through more than 780,000 meters in Oregon and Southwest Washington with one of the most modern pipeline systems in the nation. NW Natural consistently leads the industry with high J.D. Power & Associates customer satisfaction scores. NW Natural owns and operates 20 Bcf of underground gas storage capacity in Oregon.

NW Natural Water provides water distribution and wastewater services to communities throughout the Pacific Northwest and Texas. With all pending acquisitions closed, NW Natural Water will serve approximately 140,000 people through over 58,000 connections. Learn more about our water business at nwnaturalwater.com.

Additional information is available at nwnaturalholdings.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220113005924/en/

Investor Contact: Nikki Sparley

Phone: 503-721-2530

Email: nikki.sparley@nwnatural.com

Source: NW Natural

FAQ

What is the dividend amount declared by Northwest Natural Holding Company?

The dividend amount declared is 48.25 cents per share.

When will the NWN dividend be paid?

The NWN dividend will be paid on February 15, 2022.

What is the annual dividend rate for Northwest Natural Holding Company?

The annual dividend rate is $1.93 per share.

Who are the shareholders of record for the dividend?

Shareholders of record are those listed as of January 31, 2022.