NW Natural Holdings Announces Dividend Increase for 69th Consecutive Year

NW Natural Holdings, a leading utility holding company, has announced an increase in its quarterly dividend for the 69th consecutive year. The new dividend amount is $0.49 per share, representing a 0.51% increase from the previous year's dividend. This marks another impressive milestone in the company's history of consistent dividend growth.

The dividend increase reflects NW Natural Holdings' strong financial performance and commitment to returning value to shareholders. The company's dividend payout ratio of 92.10% is relatively high, indicating that it is paying out a significant portion of its earnings as dividends. However, this is not unusual for a utility company, as they typically have stable earnings and a strong focus on returning capital to shareholders.

NW Natural Holdings' dividend yield of 5.06% is in the top 25% of its sector, making it an attractive option for income-seeking investors. The company's consistent dividend growth and high yield make it a reliable choice for those looking to generate steady income from their investments.



Despite the high dividend payout ratio, NW Natural Holdings has maintained a strong balance sheet and has been able to fund its dividend payments through a combination of earnings and debt financing. The company's dividend cash payout ratio of 100% is also relatively high, but this is not uncommon for utility companies, as they often rely on debt financing to fund their dividend payments.

NW Natural Holdings' dividend growth rate of 0.51% is slightly below the industry median of 1.72%, but this is still a respectable rate of growth. The company's consistent dividend growth and high yield make it a solid choice for investors looking to generate steady income from their investments.



In conclusion, NW Natural Holdings' announcement of a dividend increase for the 69th consecutive year is a testament to the company's strong financial performance and commitment to returning value to shareholders. The company's high dividend yield and consistent dividend growth make it an attractive option for income-seeking investors. While the high dividend payout ratio and dividend cash payout ratio may raise some concerns, NW Natural Holdings' strong balance sheet and ability to fund its dividend payments through a combination of earnings and debt financing make it a reliable choice for those looking to generate steady income from their investments.