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NW Natural Declares Dividends
Friday, July 24, 2009 6:53 PM


(Source: Business Wire)trackingThe Board of Directors of Northwest Natural Gas Company, dba NW Natural (NYSE:NWN), has declared a quarterly dividend of 39.5 cents a share on the company's common stock. The dividends will be paid Aug. 14, 2009, to shareholders of record on July 31, 2009. The company's indicated annual dividend rate is $1.58 per share.

About NW Natural

NW Natural is headquartered in Portland, Ore., and serves more than 660,000 residential and business customers in Oregon and southwest Washington. It is the largest independent natural gas utility in the Pacific Northwest, and recognized its 150th year as a company on Jan. 7, 2009. The company has approximately $2.0 billion in total assets, which includes about 16 Bcf of underground gas storage capacity within its service territory at Mist, Ore.

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