Company: National Fuel Gas
Industry: Energy (Natural Gas)
Prospects: NFG pays a yearly dividend of $1.50 per share. Thus it would require 67 shares to pay dividends of $100 a year. At recent prices (50-day moving average of around $61), its cost per dividend dollar is around $41 (a payback period of 41 years or a yearly return on investment of 2.4%). Waiting for a price cut.
The Five Tools:
- Hitting for Consistency: Paying dividends since 1902 (increasing since 1970)
- Hitting for Power: 5-year average dividend yield = 2.8%
- Defensive Range: Debt-to-equity ratio = 2.07, payout ratio = 50%, coverage ratio (operating cash flow / dividends paid) = 5.5
- Baserunning Speed: Yearly earnings growth of -1.2% for last 5 years, projected earnings growth of 8.5% a year over next 5 years
- Throwing Arm: Diversified natural gas company with utility customers
For Further Research:
Websites: Home | Investor Relations
Date of Next Dividend: 2013-10-14
Last Updated: 2013-07-18
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