National Fuel Gas raises quarterly dividend 3.9% to 53.5 cents

WILLIAMSVILLE, N.Y. - National Fuel Gas Company (NYSE:NFG), a $7.48 billion market cap energy company currently trading near its 52-week high of $84.27, announced Thursday its Board of Directors approved a 3.9% increase in the quarterly dividend on common stock from 51.5 cents to 53.5 cents per share, representing an annual rate of $2.14 per share.

The dividend will be payable July 15, 2025, to stockholders of record at the close of business on June 30, 2025.

This marks the company’s 55th consecutive year of dividend increases and extends its streak of dividend payments to 123 consecutive years. National Fuel Gas currently has approximately 90.4 million shares of common stock outstanding and no preferred stock outstanding.

National Fuel Gas operates as a diversified energy company headquartered in Western New York with an integrated collection of natural gas assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.

The information is based on a press release statement from the company.

In other recent news, National Fuel Gas Company (NFG) reported its second-quarter 2025 earnings, exceeding Wall Street expectations with an earnings per share (EPS) of $2.39, compared to the forecasted $2.15. However, revenue came in slightly below expectations at $729.95 million, against a forecast of $768.23 million. Despite the revenue shortfall, the company raised its earnings guidance for the fiscal year to a range of $6.75 to $7.05 per share, indicating confidence in future performance. Raymond James maintained its Market Perform rating on NFG, adjusting the EPS estimate to $6.82 due to a weaker gas strip. The company’s fiscal year 2025 production is expected to reach approximately 1.15 billion cubic feet equivalent per day, with a total capital expenditure of around $918 million. National Fuel Gas’s hedging strategy has been credited with helping maintain stable performance amid commodity price volatility. The company also raised its free cash flow yield guidance for 2025 and 2026, though it remains below the median for similar-sized companies.

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