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 May 15, 2023, to shareholders of record as of April 28, 2023. This results in an indicated annual dividend rate of $1.94 per share. NW Natural, based in Portland, Oregon, has been operating for over 160 years, providing natural gas service to approximately 2.5 million people across 140 communities through nearly 795,000 meters in Oregon and Southwest Washington. Additionally, the company provides water distribution and wastewater services, serving around 155,000 people. NW Natural is committed to safety and environmental stewardship, having been recognized as one of the World’s Most Ethical Companies® in 2022 and 2023.

Positive

• Quarterly dividend of 48.5 cents per share enhances income for shareholders.
• Indicated annual dividend rate stands at $1.94 per share, signaling company confidence.
• Long-standing operation for over 160 years demonstrates business stability.
• Recognition as one of the World’s Most Ethical Companies reflects strong corporate governance.

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 May 15, 2023 to shareholders of record on April 28, 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.

We have a longstanding commitment to safety, environmental stewardship, and taking care of our employees and communities. NW Natural Holdings was recognized by Ethisphere® in 2022 and 2023 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 ESG Report.

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 nearly 795,000 meters in Oregon and Southwest Washington with one of the most modern pipeline systems in the nation.

NW Natural Water currently provides water distribution and wastewater services to an estimated 155,000 people through approximately 62,500 connections for communities throughout the Pacific Northwest, Texas and Arizona. Learn more about our water business at nwnaturalwater.com.

NW Natural Renewables is an unregulated business committed to leading in the energy transition by providing cost-effective solutions 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/20230413005846/en/

Investor Contact: Nikki Sparley

Phone: 503-721-2530

Email: nikki.sparley@nwnatural.com

Source: NW Natural

FAQ

What is the dividend amount for NWN?

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

When will the NWN dividend be paid?

The NWN dividend will be paid on May 15, 2023.

What is the record date for the NWN dividend?

The record date for the NWN dividend is April 28, 2023.

What is the annual dividend rate for NWN?

The indicated annual dividend rate for NWN is $1.94 per share.