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

ONE Gas, Inc. (NYSE:OGS) announced a quarterly dividend on Tuesday, August 4th. Shareholders 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) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend 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 increased its dividend every year for the last 2 years. ONE Gas has a payout ratio of 60.6% meaning 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 opened at $77.43 on Wednesday. ONE Gas has a 52-week low of $71.71 and a 52-week high of $90.78. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 0.66. The stock has a fifty day simple moving average of $78.13 and a two-hundred day simple moving average of $82.56. The company has a market capitalization of $4.86 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 2.58 and a beta of 0.66.

ONE Gas (NYSE:OGS) last announced its quarterly earnings results 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 firm had revenue of $411.64 million for the quarter, compared to analysts’ expectations of $410.29 million. ONE Gas had a net margin of 11.77% and a return on equity of 8.45%. The company’s revenue was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, equities analysts forecast that ONE Gas will post 4.88 EPS for the current 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.