NW Natural Holdings Announces Dividend

Rhea-AI Summary

Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.75 cents per share on its common stock. The dividend will be paid on August 15, 2024, to shareholders of record on July 31, 2024. The indicated annual dividend rate stands at $1.95 per share.

NW Natural Holdings, headquartered in Portland, Oregon, has been in business for over 165 years. It owns NW Natural Gas Company, NW Natural Water Company, NW Natural Renewables Holdings, and other business interests. NW Natural provides natural gas service to around 2 million people in Oregon and Southwest Washington, owning 21.6 Bcf of underground gas storage capacity in Oregon. NW Natural Water serves over 180,000 people across the Pacific Northwest, Texas, and Arizona.

The company has been recognized as one of the World’s Most Ethical Companies® by Ethisphere® for three consecutive years and consistently achieves high customer satisfaction scores.

Positive

• Quarterly dividend of 48.75 cents per share announced.
• Indicated annual dividend rate of $1.95 per share.
• Company recognized as one of the World’s Most Ethical Companies® by Ethisphere® for three years running.
• High customer satisfaction scores from J.D. Power & Associates.

Negative

• None.

PORTLAND, Ore.--(BUSINESS WIRE)-- The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.75 cents per share on the Company’s common stock.

The dividend will be paid on August 15, 2024 to shareholders of record on July 31, 2024. The Company's indicated annual dividend rate is $1.95 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 over 165 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.

We have a longstanding commitment to safety, environmental stewardship and the energy transition, and taking care of our employees and communities. NW Natural Holdings was recognized by Ethisphere® for three years running as one of the World’s Most Ethical Companies®. NW Natural consistently leads the industry with high J.D. Power & Associates customer satisfaction scores. Learn more in our latest Community and Sustainability Report at nwnatural.com/about-us/the-company/sustainability.

NW Natural is a local distribution company that currently provides natural gas service to approximately 2 million people in more than 140 communities through more than 800,000 meters in Oregon and Southwest Washington with one of the most modern pipeline systems in the nation. NW Natural owns and operates 21.6 Bcf of underground gas storage capacity in Oregon.

NW Natural Water provides water distribution and wastewater services to communities throughout the Pacific Northwest, Texas and Arizona. Today NW Natural Water serves over 180,000 people through approximately 74,000 meters and provides operation and maintenance services to an additional 20,000 connections. Learn more about our water business at nwnaturalwater.com.

NW Natural Renewables is a competitive business committed to leading in the energy transition by providing renewable fuels to support decarbonization in the utility, commercial, industrial and transportation sectors. Learn more at nwnaturalrenewables.com.

Additional information is available at nwnaturalholdings.com.

“World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC

View source version on businesswire.com: https://www.businesswire.com/news/home/20240711661862/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 NW Natural Holding Company?

The dividend amount declared by NW Natural Holding Company is 48.75 cents per share.

When will NW Natural Holding Company pay the quarterly dividend?

The quarterly dividend will be paid on August 15, 2024.

What is the record date for NW Natural Holding Company's dividend?

The record date for the dividend is July 31, 2024.

What is the indicated annual dividend rate for NW Natural Holding Company?

The indicated annual dividend rate for NW Natural Holding Company is $1.95 per share.

How many people does NW Natural Gas Company serve?

NW Natural Gas Company serves approximately 2 million people.

In which regions does NW Natural Water provide services?

NW Natural Water provides services in the Pacific Northwest, Texas, and Arizona.

What is the underground gas storage capacity of NW Natural?

NW Natural owns and operates 21.6 Bcf of underground gas storage capacity in Oregon.