National Fuel Gas (NFG) Dividend History & Yield

National Fuel Gas (NFG) has increased its dividend for 28 consecutive years and currently yields 2.25%. The most recent payment was $0.5350/share on Mar 31, 2026, paid Quarterly.

Current Yield

2.25%

TTM Dividend/Share

$2.14

Payment Frequency

Quarterly

Payout Ratio

29.8%

Consecutive Growth Years

28

Div Growth (1Y CAGR)

3.92%

Div Growth (5Y CAGR)

3.67%

Div Growth (10Y CAGR)

3.05%

Dividend Safety Score

4 out of 5 checks passed

Payout ratio below 75%

Payout ratio is 29.8%, well below the 75% threshold.

Free cash flow covers dividend

FCF/share ($2.07) does not fully cover dividend/share ($2.14).

No dividend cuts in 10+ years

No dividend cuts in the last 10 years.

Positive earnings growth trend

Earnings per share have grown over the past 5 years.

10+ years of consecutive growth

28 consecutive years of dividend growth.

Dividend Payment History

  • Ex-date Mar 31, 2026

    Payment date
    Apr 15, 2026
    Dividend
    $0.5350
    Adj. dividend
    $0.5350
  • Ex-date Dec 31, 2025

    Payment date
    Jan 15, 2026
    Dividend
    $0.5350
    Adj. dividend
    $0.5350
  • Ex-date Sep 30, 2025

    Payment date
    Oct 15, 2025
    Dividend
    $0.5350
    Adj. dividend
    $0.5350
  • Ex-date Jun 30, 2025

    Payment date
    Jul 15, 2025
    Dividend
    $0.5350
    Adj. dividend
    $0.5350
  • Ex-date Mar 31, 2025

    Payment date
    Apr 15, 2025
    Dividend
    $0.5150
    Adj. dividend
    $0.5150
  • Ex-date Dec 31, 2024

    Payment date
    Jan 15, 2025
    Dividend
    $0.5150
    Adj. dividend
    $0.5150
  • Ex-date Sep 30, 2024

    Payment date
    Oct 15, 2024
    Dividend
    $0.5150
    Adj. dividend
    $0.5150
  • Ex-date Jun 28, 2024

    Payment date
    Jul 15, 2024
    Dividend
    $0.5150
    Adj. dividend
    $0.5150
  • Ex-date Mar 27, 2024

    Payment date
    Apr 15, 2024
    Dividend
    $0.4950
    Adj. dividend
    $0.4950
  • Ex-date Dec 28, 2023

    Payment date
    Jan 12, 2024
    Dividend
    $0.4950
    Adj. dividend
    $0.4950
  • Ex-date Sep 28, 2023

    Payment date
    Oct 13, 2023
    Dividend
    $0.4950
    Adj. dividend
    $0.4950
  • Ex-date Jun 29, 2023

    Payment date
    Jul 14, 2023
    Dividend
    $0.4950
    Adj. dividend
    $0.4950

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 2.25%5Y: 3.13%10Y: 3.24%

Dividend Growth

CAGR (per year)1Y: 3.92%5Y: 3.67%10Y: 3.05%↑ Accelerating

Dividend Increase Track Record

National Fuel Gas has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 28 consecutive years — the same figure as the "Consecutive Growth Years" card above.

YearPrevious DPSNew DPSChange
2026$2.1200
2025$2.0400$2.1200+3.9%
2024$1.9600$2.0400+4.1%
2023$1.8800$1.9600+4.3%
2022$1.8100$1.8800+3.9%
2021$1.7700$1.8100+2.3%
2020$1.7300$1.7700+2.3%
2019$1.6900$1.7300+2.4%
2018$1.6500$1.6900+2.4%
2017$1.6100$1.6500+2.5%
2016$1.5700$1.6100+2.5%
2015$1.5300$1.5700+2.6%
2014$1.4900$1.5300+2.7%
2013$1.4500$1.4900+2.8%
2012$1.4100$1.4500+2.8%
2011$1.3700$1.4100+2.9%
2010$1.3300$1.3700+3.0%
2009$1.2850$1.3300+3.5%
2008$1.2300$1.2850+4.5%
2007$1.1900$1.2300+3.4%
2006$1.1500$1.1900+3.5%
2005$1.1100$1.1500+3.6%
2004$1.0700$1.1100+3.7%
2003$1.0325$1.0700+3.6%
2002$0.9975$1.0325+3.5%
2001$0.9525$0.9975+4.7%
2000$0.9225$0.9525+3.3%
1999$0.8425$0.9225+9.5%
1998$0.8625$0.8425-2.3%
1997$0.8325$0.8625+3.6%
1996$1.0075$0.8325-17.4%
1995$0.7850$1.0075+28.3%
1994$0.7650$0.7850+2.6%
1993$0.7450$0.7650+2.7%
1992$0.7250$0.7450+2.8%
1991$0.7000$0.7250+3.6%
1990$0.6600$0.7000+6.1%
1989$0.6225$0.6600+6.0%
1988$0.6225

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Frequently asked questions

Does National Fuel Gas pay dividends?

Yes, National Fuel Gas (NFG) pays quarterly dividends of approximately $2.14 per share annually, yielding 2.25%.

What is National Fuel Gas's dividend yield?

National Fuel Gas (NFG) has a current dividend yield of 2.25%.

Is National Fuel Gas's dividend safe?

National Fuel Gas (NFG) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has National Fuel Gas increased its dividend?

National Fuel Gas (NFG) has 28 consecutive years of dividend increases.

What is National Fuel Gas's dividend payout ratio?

National Fuel Gas (NFG) has a dividend payout ratio of 29.8%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).