ONE Gas, Inc. (OGS) to Issue Quarterly Dividend of $0.68 on December 3rd

ONE Gas, Inc. (NYSE:OGS – Get Free Report) announced a quarterly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be given a dividend of $0.68 per share by the utilities provider on Thursday, December 3rd. This represents a $2.72 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Monday, November 16th.

ONE Gas has a dividend payout ratio of 60.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect ONE Gas to earn $5.03 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 54.1%.

ONE Gas Price Performance

Shares of OGS stock opened at $80.91 on Wednesday. The stock’s fifty day moving average is $76.23 and its 200-day moving average is $80.84. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.37 and a current ratio of 0.48. The stock has a market capitalization of $5.09 billion, a PE ratio of 17.25, a PEG ratio of 2.11 and a beta of 0.62. ONE Gas has a 52 week low of $70.37 and a 52 week high of $90.78.

ONE Gas (NYSE:OGS – Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.05. The firm had revenue of $391.31 million for the quarter, compared to the consensus estimate of $398.23 million. ONE Gas had a return on equity of 8.81% and a net margin of 12.61%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.44 EPS. Equities research analysts expect that ONE Gas will post 4.91 EPS for the current fiscal year.

ONE Gas Company Profile

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Dividend History for ONE Gas (NYSE:OGS)

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