ONE Gas, Inc. Plans Quarterly Dividend of $0.68 (NYSE:OGS)

ONE Gas, Inc. (NYSE:OGS) declared a quarterly dividend on Tuesday, August 4th. Investors of record on Monday, August 17th will be paid a dividend of 0.68 per share by the utilities provider on Monday, August 31st. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date is Monday, August 17th.

ONE Gas has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 2 years. ONE Gas has a payout ratio of 60.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect ONE Gas to earn $5.02 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 54.2%.

ONE Gas Stock Down 1.2%

Shares of OGS stock opened at $77.43 on Wednesday. The firm’s fifty day moving average price is $78.13 and its two-hundred day moving average price is $82.56. The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 0.66. ONE Gas has a 1 year low of $71.71 and a 1 year high of $90.78. The firm has a market capitalization of $4.86 billion, a P/E ratio of 17.48, a PEG ratio of 2.58 and a beta of 0.66.

ONE Gas (NYSE:OGS) last announced its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.19. The company had revenue of $411.64 million during the quarter, compared to analysts’ expectations of $410.29 million. ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.ONE Gas’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.53 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, equities analysts predict that ONE Gas will post 4.88 EPS for the current fiscal year.

About ONE Gas

ONE Gas, Inc is a publicly traded natural gas utility company focused on the regulated distribution of natural gas to residential, commercial and industrial customers. Headquartered in Tulsa, Oklahoma, the company owns and operates an integrated system of transmission and distribution pipelines, storage facilities and compressor stations designed to deliver safe, reliable energy to end users. Its operations are governed by state utility commissions, which set rates and service standards in the markets the company serves.

The company’s service territory spans three states: Oklahoma, Kansas and the Texas Panhandle.