DividendNWN increased its quarterly dividend by 0.5% to $0.49, aligning with forecasts, and the current annualized dividend yield is 4.8%.
Earnings PerformanceEPS came in better-than-plan, NWN affirmed ’24 guidance and, lastly, mgmt. discussed progress on regulatory and RNG initiatives, which we consider supportive of a healthy step-up in ’25 EPS.
Regulatory ApprovalNWN received an increase in its average rate base of $334M from regulators in Oregon.