Gas Natural Inc. (EGAS) To Go Ex-Dividend on October 11th
Gas Natural Inc. (NYSEMKT:EGAS) declared a quarterly dividend on Thursday, September 29th. Stockholders of record on Thursday, October 13th will be paid a dividend of 0.075 per share on Friday, October 28th. This represents a $0.30 annualized dividend and a dividend yield of 3.95%. The ex-dividend date of this dividend is Tuesday, October 11th.
Gas Natural (NYSEMKT:EGAS) opened at 7.70 on Thursday. The stock has a 50 day moving average price of $7.60 and a 200 day moving average price of $7.32. Gas Natural has a 52 week low of $6.50 and a 52 week high of $9.29. The company has a market cap of $80.97 million, a price-to-earnings ratio of 34.53 and a beta of 0.03.
Gas Natural (NYSEMKT:EGAS) last released its earnings results on Tuesday, August 9th. The company reported ($0.16) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.16). The business earned $17.03 million during the quarter, compared to the consensus estimate of $15.96 million. On average, equities analysts forecast that Gas Natural will post $0.12 earnings per share for the current year.
Several large investors have recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in Gas Natural by 1,236.0% in the second quarter. Franklin Resources Inc. now owns 167,000 shares of the company’s stock valued at $1,167,000 after buying an additional 154,500 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Gas Natural by 4.3% in the second quarter. Janney Montgomery Scott LLC now owns 14,420 shares of the company’s stock valued at $107,000 after buying an additional 594 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Gas Natural by 1.2% in the second quarter. Vanguard Group Inc. now owns 331,364 shares of the company’s stock valued at $2,317,000 after buying an additional 3,800 shares in the last quarter.
About Gas Natural
Gas Natural Inc is a natural gas company. The Company operates through three segments: Natural Gas; Marketing and Production, and Corporate and Other. The Natural Gas segment annually distributes approximately 20 billion cubic feet of natural gas to its customers through regulated utilities operating in Maine, Montana, North Carolina and Ohio.
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