ONE Gas, Inc. (OGS) to Distribute Quarterly Dividend of $0.68 on August 31st

ONE Gas, Inc. (NYSE:OGS) announced a quarterly dividend on Tuesday, August 4th. Investors of record on Monday, August 17th will be given a dividend of 0.68 per share by the utilities provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Monday, August 17th.

ONE Gas has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. 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 $5.05 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 53.9%.

ONE Gas Price Performance

OGS stock opened at $81.02 on Friday. ONE Gas has a 52 week low of $73.91 and a 52 week high of $90.78. The firm has a market capitalization of $5.09 billion, a P/E ratio of 17.46, a price-to-earnings-growth ratio of 2.23 and a beta of 0.66. The company has a fifty day simple moving average of $78.45 and a two-hundred day simple moving average of $82.63. The company has a quick ratio of 0.37, a current ratio of 0.48 and a debt-to-equity ratio of 0.66.

ONE Gas (NYSE:OGS) last posted its earnings results on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.19. The firm had revenue of $411.64 million for the quarter, compared to the consensus estimate of $410.29 million. ONE Gas had a net margin of 12.47% and a return on equity of 8.81%. The business’s quarterly revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.53 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Analysts anticipate that ONE Gas will post 4.91 earnings per share for the current fiscal year.

ONE Gas Company Profile

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.