NW Natural Holdings Announces Dividend

Rhea-AI Summary

The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has announced a quarterly dividend of 48 cents per share, payable on May 14, 2021, to shareholders of record as of April 30, 2021. This dividend sets an indicated annual rate of $1.92 per share. NW Natural, serving approximately 2.5 million customers in Oregon and Southwest Washington, has a reputation for high customer satisfaction and owns significant underground gas storage capacity.

Positive

• Quarterly dividend of 48 cents per share demonstrates financial stability.
• Indicated annual dividend rate of $1.92 per share reflects company confidence.

Negative

• None.

The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48 cents per share on the Company's common stock.

The dividend will be paid on May 14, 2021 to shareholders of record on April 30, 2021. The Company's indicated annual dividend rate is $1.92 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), 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 770,000 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. NW Natural Water currently serves approximately 63,000 people through about 26,000 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/20210408005981/en/

FAQ

What is the dividend amount declared by NW Natural Holdings?

Northwest Natural Holdings has declared a quarterly dividend of 48 cents per share.

When will the NWN dividend be paid?

The dividend will be paid on May 14, 2021.

What is the indicated annual dividend rate for NW Natural Holdings?

The indicated annual dividend rate is $1.92 per share.

Who are the shareholders of record for the NWN dividend?

Shareholders of record as of April 30, 2021, will receive the dividend.