Corning Natural Gas Holding Co. to Issue Dividend of $0.61 (OTCMKTS:CNIG)

Corning Natural Gas Holding Co. (OTCMKTS:CNIG) declared a dividend on Wednesday, September 22nd, reports. Shareholders of record on Thursday, September 30th will be paid a dividend of 0.61 per share by the utilities provider on Friday, October 15th. This represents a yield of 2.53%. The ex-dividend date of this dividend is Wednesday, September 29th.

Shares of OTCMKTS CNIG opened at $24.15 on Monday. The company has a quick ratio of 0.27, a current ratio of 0.48 and a debt-to-equity ratio of 1.20. The business’s 50 day moving average is $24.00 and its two-hundred day moving average is $23.76. The company has a market cap of $74.48 million, a P/E ratio of 37.73 and a beta of 0.29. Corning Natural Gas has a 12 month low of $14.67 and a 12 month high of $24.65.

Corning Natural Gas Company Profile

Corning Natural Gas Holding Corp. operates as a holding company to Corning Natural Gas Corp. It engages in distribution of natural gas. The company operates through the following business segments: Gas Company, Pike and Holding Company. It serves residential, commercial, industrial and municipal customers in the Corning, Hammondsport & Virgil, New York and two other gas utilities which serve the Elmira and Bath, New York.

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