CLEVELAND, Oct. 8, 2015 /PRNewswire/ -- Gas Natural
Inc. (NYSE MKT: EGAS) (the "Company"), a holding company operating
local natural gas utilities serving approximately 69,000 customers
in six states, announced that its Board of Directors declared a
quarterly dividend of $0.135 per
share to shareholders of record as of October 22, 2015. The dividend will be
payable on October 29,
2015.
About Gas Natural Inc.
Gas Natural Inc., a holding company, distributes and sells natural
gas to end-use residential, commercial, and industrial
customers. It distributes approximately 26 billion cubic feet
of natural gas to approximately 69,000 customers through regulated
utilities operating in Montana,
Ohio, Pennsylvania, Maine, North
Carolina and Kentucky. The Company's other operations
include interstate pipeline, natural gas production, and natural
gas marketing. The Company's Montana public utility was originally
incorporated in 1909. Its strategy for growth is to expand
throughput in its markets, while looking for acquisitions that are
either adjacent to its existing utilities or in under saturated
markets. Gas Natural Inc. regularly posts information on its
website at www.egas.net.
Safe Harbor Regarding Forward-Looking
Statements
The Company is including the following
cautionary statement in this release to make applicable and to take
advantage of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 for any forward-looking statements
made by, or on behalf of, Gas Natural Inc. Forward-looking
statements are all statements other than statements of historical
fact, including, without limitation, those that are identified by
the use of the words "anticipates," "estimates," "expects,"
"intends," "plans," "predicts," "believes" and similar expressions.
Such statements are inherently subject to a variety of risks and
uncertainties that could cause actual results to differ materially
from those expressed. Factors that may affect forward-looking
statements and the Company's business generally include but are not
limited to the Company's ability to successfully integrate the
operations of the companies it has recently acquired and consummate
additional acquisitions, the Company's continued ability to make
dividend payments, the Company's ability to implement its business
plan, fluctuating energy commodity prices, the possibility that
regulators may not permit the Company to pass through all of its
increased costs to its customers, changes in the utility regulatory
environment, wholesale and retail competition, the Company's
ability to satisfy its debt obligations, including compliance with
financial covenants, weather conditions, litigation risks, and
various other matters, many of which are beyond the Company's
control, the risk factors and cautionary statements made in the
Company's public filings with the Securities and Exchange
Commission, and other factors that the Company is currently unable
to identify or quantify, but may exist in the future. Gas Natural
Inc. expressly undertakes no obligation to update or revise any
forward-looking statement contained herein to reflect any change in
Gas Natural Inc.'s expectations with regard thereto or any change
in events, conditions or circumstances on which any such statement
is based.
For more information, contact:
Gas Natural
Inc.
|
Investor
Relations
|
James E. Sprague,
Chief Financial Officer
|
Deborah K. Pawlowski
or Karen L. Howard, Kei Advisors LLC
|
Phone: (216)
202-1564
|
Phone: (716)
843-3908 / (716) 843-3942
|
Email:
jsprague@egas.net
|
Email:
dpawlowski@keiadvisors.com / khoward@keiadvisors.com
|
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SOURCE Gas Natural Inc.