Stifel Increases Price Target for Northwestern Natural (NWN)
Company Overview: Northwest Natural Holding Company (NYSE:NWN) operates natural gas and water utilities in the Pacific Northwest and Texas, and has been recognized as one of the 14 best utility dividend stocks to buy now.
Stock Performance: Following a mixed third-quarter report, Stifel analyst Selman Akyol raised NWN's price target from $50 to $52 while maintaining a 'Buy' rating, despite the company missing revenue expectations.
Financial Highlights: NWN reported an adjusted loss per share of $0.73, which beat estimates, and a revenue of $164.7 million, which fell short of expectations, although it experienced a 20% year-over-year revenue increase.
Dividend Commitment: The company has increased its dividend for the fourth quarter, marking the 70th consecutive year of annual dividend increases, making it one of only three companies on the NYSE with such a record.
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Northwest Natural Holding Declares $0.4925 Quarterly Dividend, 4.19% Yield
- Dividend Declaration: Northwest Natural Holding has declared a quarterly dividend of $0.4925 per share, consistent with previous payouts, demonstrating the company's ongoing ability to maintain stable cash flows and bolster investor confidence.
- Yield Performance: The forward yield of 4.19% not only attracts income-seeking investors but also reflects the company's competitiveness in the current market environment, enhancing its appeal.
- Shareholder Arrangements: The dividend will be payable on February 13, 2024, with a record date of January 30, 2024, and an ex-dividend date also set for January 30, ensuring shareholders receive timely returns and increasing shareholder satisfaction.
- Growth Outlook: Northwest Natural signals an annual EPS growth outlook of 4% to 6%, supported by its expanding footprint in Texas, indicating the company's growth potential and strategic positioning in the market.

Northwest Natural Holding Company Declares $0.4925 Quarterly Dividend
- Quarterly Dividend Announcement: The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of $0.4925 per share, to be paid on February 13, 2026, indicating the company's ongoing cash flow and shareholder return capabilities.
- Annual Dividend Rate: The company's indicated annual dividend rate stands at $1.97 per share, reflecting its stable profitability and commitment to shareholders, which helps attract long-term investors.
- Broad Business Coverage: Northwest Natural Holding Company, through its subsidiaries, provides energy and water services to over one million users, demonstrating its market leadership and service capabilities across seven states.
- Industry Recognition: The company has been recognized by Ethisphere® as one of the World’s Most Ethical Companies for four consecutive years, highlighting its commitment to safety, environmental stewardship, and community responsibility, which further enhances its brand image.






