National Fuel Gas Company (NYSE:NFG – Get Free Report) declared a quarterly dividend on Thursday, March 12th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.535 per share by the oil and gas producer on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, March 31st.
National Fuel Gas has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 55 consecutive years. National Fuel Gas has a payout ratio of 25.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect National Fuel Gas to earn $7.79 per share next year, which means the company should continue to be able to cover its $2.14 annual dividend with an expected future payout ratio of 27.5%.
National Fuel Gas Stock Performance
Shares of NFG stock opened at $93.79 on Friday. National Fuel Gas has a 12 month low of $69.93 and a 12 month high of $94.69. The company’s fifty day simple moving average is $85.42 and its 200-day simple moving average is $84.49. The firm has a market cap of $8.91 billion, a PE ratio of 13.08, a P/E/G ratio of 1.19 and a beta of 0.57. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.58.
About National Fuel Gas
National Fuel Gas Company (NYSE: NFG) is a diversified energy company engaged primarily in the production, gathering, transmission, distribution and marketing of natural gas. The company operates through four principal segments: Exploration & Production, Pipeline & Storage, Utilities, and Energy Marketing. Its integrated asset base spans upstream development in the Appalachian Basin, regional pipeline networks, underground storage facilities, and regulated utility distribution systems.
In its Exploration & Production segment, National Fuel Gas focuses on developing natural gas reserves in the Marcellus and Utica shales, leveraging modern drilling and completion techniques.
See Also
- Five stocks we like better than National Fuel Gas
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- Silver paying 20% dividend. Plus 68% share gains
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for National Fuel Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Fuel Gas and related companies with MarketBeat.com's FREE daily email newsletter.
