NW Natural Holdings Increases Dividend for 66th Consecutive Year

Rhea-AI Summary

The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has announced a quarterly dividend increase to 48.25 cents per share, raising the annual dividend rate from $1.92 to $1.93. The dividend will be distributed on November 15, 2021, for shareholders on record as of October 29, 2021.

Positive

• Quarterly dividend increased to 48.25 cents per share.
• Annual dividend rate rises from $1.92 to $1.93.

Negative

• None.

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

The dividend will be paid on November 15, 2021 to shareholders of record on October 29, 2021. The Company's indicated annual dividend rate increases from $1.92 to $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), 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. NW Natural Water currently serves approximately 65,000 people through about 27,000 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/20211014006116/en/

Investor Contact: Nikki Sparley

Phone: 503-721-2530

Email: nikki.sparley@nwnatural.com

Source: Northwest Natural

FAQ

What is the new dividend amount for NWN shareholders?

The new dividend amount is 48.25 cents per share.

When will the NWN dividend be paid?

The NWN dividend will be paid on November 15, 2021.

What is the record date for NWN's dividend?

The record date for NWN's dividend is October 29, 2021.

How much is the annual dividend rate for NWN now?

The annual dividend rate for NWN has increased to $1.93 per share.