Northwest Natural Gas Declares Dividend

Northwest Natural Gas (NYS: NWN) has declared its latest quarterly dividend. In an official company release, the Portland, Ore.-based utility said shareholders of its common stock will receive $0.455 per share. The disbursement will be paid on Feb. 15 to shareholders of record as of Jan. 31.

The payout matches that of the company's last quarterly dividend, paid in October. At the current rate, the annual disbursement amounts to $1.82. At the current share price, the stock's yield stands at just over 4%.

The company's fourth quarter ended at the close of December, and it typically announces official results in February.

The article Northwest Natural Gas Declares Dividend originally appeared on Fool.com.

Eric Volkman has no position in Northwest Natural Gas, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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