ONE Gas, Inc. (NYSE:OGS) Shares Set to Pay Quarterly Dividend of $0.68

ONE Gas, Inc. (NYSE:OGS – Get Free Report) announced a quarterly dividend on Monday, November 2nd. Shareholders of record on Monday, November 16th will be paid 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 dividend yield of 3.4%. The ex-dividend date is Monday, November 16th.

ONE Gas has a dividend payout ratio of 60.6% meaning 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 NYSE:OGS opened at $79.88 on Tuesday. ONE Gas has a 1-year low of $70.37 and a 1-year high of $90.78. The firm has a market capitalization of $5.02 billion, a PE ratio of 17.22, a PEG ratio of 2.04 and a beta of 0.64. The business’s 50 day moving average is $76.22 and its 200-day moving average is $80.82. The company has a current ratio of 0.48, a quick ratio of 0.37 and a debt-to-equity ratio of 0.66.

ONE Gas (NYSE:OGS – Get Free Report) last released its quarterly earnings data on Monday, November 2nd. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.05. The business had revenue of $391.31 million for the quarter, compared to analysts’ expectations of $398.23 million. ONE Gas had a return on equity of 8.81% and a net margin of 12.47%. ONE Gas’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.44 earnings per share. Sell-side analysts predict that ONE Gas will post 4.91 earnings per share for the current year.

ONE Gas Company Profile

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Dividend History for ONE Gas (NYSE:OGS)

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