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NW Natural: Quarterly dividend set at 41.5 cents

The Columbian
Published: April 6, 2010, 12:00am

Northwest Natural Gas Co. declared a quarterly dividend Monday of 41.5 cents per share on the company’s common stock. The dividends will be paid May 14 to shareholders of record on April 30.

The indicated annual rate is $1.66 per share. The Portland-based utility announced in February that it had record earnings of $75.1 million, or $2.83 per share, in 2009.

NW Natural serves 60,000 customers in Clark, Klickitat and Skamania counties.

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