ONE Gas Declares Quarterly Dividend
Rhea-AI Summary
ONE Gas (NYSE: OGS) has declared a quarterly dividend of 67 cents per share of common stock, payable on September 3, 2025, to shareholders of record as of August 18, 2025. The company expects to maintain this quarterly dividend throughout 2025, resulting in an annualized dividend of $2.68 per share.
ONE Gas projects an average annual dividend growth of 1% to 2% through 2029, with a target dividend payout ratio of 55% to 65% of net income. The company operates as a regulated natural gas utility serving over 2.3 million customers across Kansas, Oklahoma, and Texas through its divisions: Kansas Gas Service, Oklahoma Natural Gas, and Texas Gas Service.
Positive
- Consistent quarterly dividend of $0.67 per share maintained
- Projected dividend growth of 1-2% annually through 2029
- Strong market position as one of the largest US natural gas utilities
- 100% regulated business model providing stable income
Negative
- Conservative dividend growth rate of only 1-2% annually
- High dividend payout ratio of 55-65% of net income
News Market Reaction
On the day this news was published, OGS declined 0.91%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
ONE Gas announced previously that it expects the quarterly dividend to be
ONE Gas, Inc. (NYSE: OGS) is a
Headquartered in
For more information and the latest news about ONE Gas, visit onegas.com and follow its social channels: @ONEGas, Facebook, LinkedIn and YouTube.
Analyst Contact: | Will Fiser 918-947-7331 |
Media Contact: | Leah Harper 918-947-7123 |
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SOURCE ONE Gas, Inc.