Northwest Natural Holding Company's Board of Directors has increased the quarterly dividend to 49 cents per share on the company’s common stock. This represents an increase from the previous quarterly dividend of 48.75 cents per share, resulting in an indicated annual dividend rate of $1.96 per share.
This marks the 69th consecutive year that Northwest Natural Holdings has increased its annual common stock dividend payments per share. Such a prolonged track record of dividend growth underscores the company's financial discipline and its consistent operational strength.
The sustained dividend growth is a key indicator of the company's stability and its commitment to providing reliable returns to its shareholders, even amidst evolving market conditions. This action reinforces investor confidence in the company's long-term financial outlook.
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