Northwest Natural Holding Company Declares Q4 Dividend
Portland, Oregon – The Board of Directors of Northwest Natural Holding Company (NWN) has announced a quarterly dividend of 49 cents per share on the Company’s common stock. This dividend is payable on May 15, 2025, to shareholders of record on Apr. 30, 2025.
About Northwest Natural Holding Company
Northwest Natural Holding Company (NWN), headquartered in Portland, Oregon, is a leading integrated utility company. It has been serving the Pacific Northwest region since 1921, providing natural gas services to over 2.5 million people in Oregon and Southwest Washington. The company’s mission is to deliver safe and reliable energy solutions, focusing on sustainability and customer satisfaction.
Impact on Shareholders
The declared dividend of 49 cents per share represents a 25% increase compared to the previous quarterly dividend of 39 cents. With an indicated annual dividend rate of $1.96 per share, NWN’s dividend yield is currently around 2.5%.
This dividend increase is a positive sign for NWN’s financial health and stability. It demonstrates the company’s commitment to rewarding its shareholders with consistent and growing dividends. For investors seeking income, NWN could be an attractive option.
Impact on the World
The dividend declaration by NWN might not have a significant direct impact on the world. However, it could contribute to the overall economic stability and growth in the Pacific Northwest region.
The company’s operations and investments in the region create jobs and support local businesses. The dividend payments to shareholders can be reinvested or spent on goods and services, contributing to the regional economy. Additionally, NWN’s focus on sustainability and energy efficiency aligns with global efforts to address climate change and reduce carbon emissions.
Conclusion
Northwest Natural Holding Company’s declaration of a quarterly dividend of 49 cents per share is a positive sign for its shareholders, indicating financial stability and commitment to rewarding investors. The dividend increase might not have a significant direct impact on the world, but it could contribute to the regional economy and support sustainable energy solutions.
- NWN declares a quarterly dividend of 49 cents per share
- Payable on May 15, 2025, to shareholders of record on Apr. 30, 2025
- Annual dividend rate: $1.96 per share
- 25% increase compared to the previous quarterly dividend
- Positive sign for financial health and stability
- Contributes to regional economic stability and growth
