National Fuel Gas Raises Quarterly Dividend

National Fuel Gas Company raised its quarterly dividend to $0.555 per share from $0.535, a 3.74% increase, with the shares trading ex-dividend on June 30, 2026.

The new payout implies an annual dividend of $2.22 per share and a forward annual yield of 2.88%, based on a share price of $77.21. The increase extends the company’s dividend-growth streak to 27 consecutive years.

National Fuel, listed on the New York Stock Exchange under ticker NFG, is an energy company headquartered in Western New York. The company describes itself as operating an integrated collection of natural gas assets across exploration and production, pipeline and storage, gathering, and utility businesses. National Fuel said that mix gives it exposure to both regulated gas utility operations and upstream natural gas activity.

Context

The dividend action comes as National Fuel continues to emphasize regulated natural gas operations as part of its broader portfolio. In October 2025, the company announced an agreement to acquire CenterPoint Energy’s Ohio natural gas utility business, saying the transaction would expand its regulated assets and add cash-flow diversity in a neighboring service territory. The company also said the deal was intended to support its investment-grade balance sheet and long-term regulated growth profile. National Fuel

The company’s investor-relations dividend history shows regular cash dividends across decades, underscoring the role of the payout in National Fuel’s shareholder-return policy. National Fuel dividend history

What It Means for Income Investors

For income investors, the increase is a modest but clear continuation of National Fuel’s dividend-growth record. The new quarterly rate raises the annualized payout to $2.22 per share, while the 2.88% forward annual yield remains tied to the stated share price.

SmarterDividends rates National Fuel’s dividend safety at 97 out of 100, an A grade. That score points to a comparatively strong dividend profile, though the company remains exposed to energy-market conditions, natural gas prices, regulatory outcomes and financing conditions, all of which National Fuel identifies as business risks in its investor disclosures.