National Fuel Gas maintains its 56-year dividend growth streak with a $0.555 quarterly payout, supported by strong cash flow coverage despite a recent downward revision in fiscal 2026 earnings guidance.
National Fuel's dividend is well covered by earnings and free cash flow with a 56-year increase streak, though FY2026 EPS guidance was trimmed.
National Fuel Gas Company (NYSE:NFG) has declared a quarterly dividend of $0.555 per share, marking 56 consecutive years of annual payout increases. Despite trimming its fiscal 2026 EPS guidance to a range of $7.40 to $7.60, the company maintains a conservative payout ratio of approximately 29%, supported by robust free cash flow and a diversified business model.
Yes, the dividend is well-supported by earnings and cash flow, with a payout ratio of approximately 29% of adjusted EPS and a long history of consistent increases.
The company lowered its adjusted EPS guidance to $7.40-$7.60, partly due to the impact of natural gas price volatility on its upstream production and gathering operations.