NW Natural Increases Dividend
OREANDA-NEWS. The Board of Directors of Northwest Natural Gas Company, dba NW Natural, has increased the quarterly dividend to 47 cents per share on the Company's common stock.
The dividends will be paid Nov. 15, 2016 to shareholders of record on Oct. 31, 2016. The Company's indicated annual dividend rate is $1.88 per share.
NW Natural is headquartered in Portland, Ore., and provides natural gas service to more than 718,000 residential, commercial, and industrial customers through approximately 14,000 miles of mains and service lines in western Oregon and southwestern Washington. It is the largest independent natural gas utility in the Pacific Northwest with $2.9 billion in total assets.
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