National Fuel Increases Dividend Rate for 51st Consecutive Year

WILLIAMSVILLE, N.Y., June 17, 2021 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) Board of Directors approved a 2.2% increase in the dividend on the Company’s common stock, raising the quarterly rate from 44.5 cents per share as approved in June 2020 to 45.5 cents per share for an annual rate of $1.82 per share. National Fuel has paid dividends for 119 consecutive years and has increased its annual dividend for 51 straight years.

This dividend is payable July 15, 2021, to shareholders of record at the close of business on June 30, 2021. The Company has approximately 91.2 million shares of common stock outstanding. It has no preferred stock outstanding.

National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas and oil assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility. Additional information about National Fuel is available at www.nationalfuel.com.

Analyst Contact: Kenneth Webster | 716-857-7067 
Media Contact: Karen Merkel | 716-857-7654