The new dividend rate translates to an annual payout of $2.22 per share. Based on the closing price of $78.48 last Thursday, the stock now offers an annual yield of approximately 2.83%, up from the previous 2.73%. This adjustment keeps the firm within an exclusive group of 58 companies that have raised their dividends annually for at least half a century, according to tracking data from Sure Dividend.
In section Market Quotes
National Fuel Gas Extends Dividend Streak to 56 Years
Fifty-six years of consecutive dividend hikes have secured National Fuel Gas’s position among the elite 'dividend kings.' The Williamsville-based energy company’s board confirmed a 3.7% increase, pushing the quarterly payout to 55.5 cents per share, a move that reinforces its commitment to long-term shareholder returns.
Shareholders on record as of June 30 will receive the increased payment on July 15. The steady climb in payouts underscores the company's financial consistency in a sector often defined by commodity price volatility.
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