Northwest Natural Holding Co (Symbol: NWN) has been named as a Top 10 dividend paying dividend yielding stock, according to Dividend Channel, which published its weekly. ”DividendRank” a report The report noted that among utilities, NWN stock displayed both attractive valuation metrics and strong profitability metrics. For example, NWN’s recent share price of $38.98 represents a price-to-book ratio of 1.2 and an annual dividend yield of 5.00% – by comparison, the average utility stock in the Dividend Channel coverage universe yields 4.4% and trades at a price-to-book ratio of 2.4. The report also cited the strong quarterly dividend history at Northwest Natural Holding Co, and favorable long-term multi-year growth rates in key fundamental data.
The report stated, ”Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies that also happen to trade at an attractive valuation. That’s what we aim to find by using our proprietary DividendRank formula, which ranks the coverage universe based on our various criteria for profitability and valuation, to generate a list of the most “interesting” stocks, intended for investors as a source of ideas that merit further investigation.”
The annual dividend paid by Northwest Natural Holding Co is $1.95/share, currently paid in quarterly payments, and its most recent ex-dividend date was 01/30/2024. Below is a long-term dividend history chart for NWN, which Dividend Channel has highlighted as being of major importance. Indeed, studying a company’s past dividend history can be a good help in judging whether the most recent dividend is likely to continue.
See also:
• Stocks with Recent Secondaries That Hedge Funds Buy
• NC Split History
• MFIN YTD Return
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