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Northwest Natural Gas Company (NYSE:NWN), dba NW Natural, has increased the quarterly dividend on the company's common stock to 44.5 cents from 43.5 cents per share. The dividends will be paid Nov. 15, 2011, to shareholders of record on Oct. 31, 2011. NW Natural will have paid $1.75 per share in dividends on its common stock in 2011, the 56th consecutive year in which the company's dividend payments have increased. The indicated annual dividend rate is now $1.78 per share.
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