NW Natural Increases Dividend to 43.5 cents

The Board of Directors of Northwest Natural Gas Company NWN has increased the quarterly dividend on the company's common stock to 43.5 cents from 41.5 cents per share, an increase of 5 percent. The dividends will be paid Nov. 15, 2010, to shareholders of record on Oct. 29, 2010. NW Natural will have paid $1.68 per share in dividends on its common stock in 2010, the 55th consecutive year in which the company's dividend payments have increased. The indicated annual dividend rate is now $1.74 per share. Don't miss these trading ideas!