National Fuel Increases Dividend Rate for 54th Consecutive Year

Core Viewpoint - National Fuel Gas Company has a long-standing history of dividend payments and has recently approved a dividend increase, reflecting its commitment to returning value to shareholders [1][2]. Dividend Increase - The Board of Directors approved a 4.0% increase in the quarterly dividend, raising it from 49.5 cents per share to 51.5 cents per share, resulting in an annual rate of $2.06 per share [2]. - This dividend is payable on July 15, 2024, to stockholders of record as of June 28, 2024 [4]. Company Overview - National Fuel is a diversified energy company based in Western New York, operating across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility [3]. - The company has approximately 91.8 million shares of common stock outstanding and no preferred stock [4].