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NATIONAL FUEL INCREASES DIVIDEND

 NATIONAL FUEL INCREASES DIVIDEND
 NEW YORK, June 18 /PRNewswire/ -- The board of directors of National


Fuel Gas Company (NYSE: NFG) today approved an increase in the regular dividend on the company's stock.
 The quarterly dividend was increased from 36.5 cents per share to 37.5 cents payable July 15 to shareholders of record on June 30, 1992. The new annual rate of $1.50 per common share represents a 2.7 percent increase in the dividend rate. The company has approximately 31.1 million shares outstanding.
 This year makes the 21st consecutive year that National Fuel has increased the dividend and the 89th year of uninterrupted dividends.
 Company officials have stated that the board's dividend policy has been to continue to increase the dividend each year at a rate consistent with the long-term financial performance of National Fuel.
 -0- 6/18/92
 /CONTACT: Arthur K. Coon (media), 716-857-7925; or Deborah K. Kullander (financial), 716-857-7706, both of National Fuel/
 (NFG) CO: National Fuel Gas Company ST: New York IN: UTI SU: DIV


GK -- NY043 -- 1515 06/18/92 12:31 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 18, 1992
Words:181
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