The Board of Directors of Northwest Natural Holding Company (NYSE:NWN) has increased the quarterly dividend to 48.5 cents per share on the Company's common stock.
The dividend will be paid on Nov. 15, 2022
Stocks that are members of the S&P 500 and have raised dividends for 25 consecutive years are commonly known as dividend aristocrats.
However, there is a class of dividend stocks that are even more prestigious than dividend aristocrats and are known as dividend kings.
According to Benzinga Pro, during Q1, Northwest Natural Holding (NYSE:NWN) earned $56.24 million, a 38.77% increase from the preceding quarter. Northwest Natural Holding also posted a total of $350.30 million in sales, a 19.11% increase since Q4.