Ex-Dividend Reminder: National Fuel Gas, Zimmer Biomet Holdings and National Healthcare

National Fuel Gas Co. (NFG), Zimmer Biomet Holdings Inc (ZBH), and National Healthcare Corp. (NHC) are scheduled to trade ex-dividend on September 30, 2025, for their respective quarterly dividends of $0.535, $0.24, and $0.64. This implies an expected share price adjustment downward by approximately 0.58% for NFG, 0.25% for ZBH, and 0.52% for NHC, all else being equal. In Friday trading, NFG shares were up 0.4%, while ZBH and NHC were both down approximately 2%.

Analysis

National Fuel Gas Co. (NFG), Zimmer Biomet Holdings Inc. (ZBH), and National Healthcare Corp. (NHC) are scheduled to trade ex-dividend on September 30, 2025. This action precedes their respective quarterly dividend payments of $0.535, $0.24, and $0.64. Consequently, a mechanical price adjustment is expected at the market open on the ex-dividend date, with NFG's share price anticipated to decrease by 0.58%, ZBH's by 0.25%, and NHC's by 0.52%, all else being equal. The current estimated annualized yields are 2.31% for NFG, 0.99% for ZBH, and 2.09% for NHC. Recent market performance shows a divergence among the three, with NFG shares trading up 0.4% while both ZBH and NHC shares were down approximately 2%. This highlights differing short-term market sentiment despite the common upcoming dividend event. The analysis rightly cautions that dividend payments are tied to profitability, making historical dividend stability a critical factor for investors to assess when considering the likelihood of future payments.

Key Decisions for Investors

• Investors aiming to capture the dividend must establish a long position in NFG, ZBH, or NHC before the market close on the day prior to the September 30, 2025 ex-dividend date.
• Current holders should anticipate the purely mechanical price drop on the ex-dividend date, recognizing it as a distribution of capital rather than a reflection of negative fundamental news.
• Potential investors should evaluate the divergent performance, noting NFG's relative price strength and higher yield against the recent weakness in ZBH and NHC, and should conduct due diligence on the historical stability of each firm's dividend as a proxy for future reliability.