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 48.5 cents per share, payable on February 15, 2023, to shareholders on record as of January 31, 2023. The company's annual dividend rate stands at $1.94 per share. With over 160 years in business, NWN serves approximately 2.5 million customers in Oregon and Southwest Washington through its modern pipeline system and high customer satisfaction scores.

Positive

• Quarterly dividend of 48.5 cents per share declared, indicating strong cash flow.
• Annual dividend rate of $1.94 per share shows commitment to shareholder returns.
• Strong customer satisfaction scores enhance company reputation.

Negative

• None.

PORTLAND, Ore.--(BUSINESS WIRE)-- The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.5 cents per share on the Company's common stock.

The dividend will be paid on Feb. 15, 2023 to shareholders of record on Jan. 31, 2023. The Company's indicated annual dividend rate is $1.94 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 790,000 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 21 Bcf of underground gas storage capacity in Oregon.

NW Natural Water currently provides water distribution and wastewater services to 150,000 people through approximately 60,000 connections for communities throughout the Pacific Northwest, Texas and Arizona. 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/20230112005870/en/

Investor Contact: Nikki Sparley

Phone: 503-721-2530

Email: nikki.sparley@nwnatural.com

Source: NW Natural

FAQ

What is the latest dividend amount for Northwest Natural Holding (NWN)?

The latest dividend amount for Northwest Natural Holding (NWN) is 48.5 cents per share.

When will the dividend for NWN be paid?

The dividend for NWN will be paid on February 15, 2023.

What is the annual dividend rate for Northwest Natural Holding?

The indicated annual dividend rate for Northwest Natural Holding is $1.94 per share.