ONE Gas Declares Quarterly Dividend

(Low)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Tags

dividends

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

07/17/2023 - 04:15 PM EDT

TULSA, Okla., July 17, 2023 /PRNewswire/ -- The board of directors of ONE Gas, Inc. (NYSE: OGS) today declared a quarterly dividend of 65 cents per share of common stock, payable Sept. 1, 2023, to shareholders of record at the close of business Aug. 16, 2023.

ONE Gas announced previously that it expects the quarterly dividend to be 65 cents per share in 2023, or $2.60 per share on an annualized basis, with annual dividend growth of 4% to 6% through 2027, and a target dividend payout ratio of 55% to 65% of net income, subject to its board of directors' approval.

ONE Gas, Inc. (NYSE: OGS) is a 100% regulated natural gas utility, and trades on the New York Stock Exchange under the symbol "OGS." ONE Gas is included in the S&P MidCap 400 Index and is one of the largest natural gas utilities in the United States.

Headquartered in Tulsa, Oklahoma, ONE Gas provides a reliable and affordable energy choice to more than 2.3 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in Oklahoma; and Texas Gas Service, the third largest in Texas, in terms of customers.

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:

Erin Dailey

918-947-7411

Media Contact:

Leah Harper

918-947-7123

View original content to download multimedia:https://www.prnewswire.com/news-releases/one-gas-declares-quarterly-dividend-301878955.html

SOURCE ONE Gas, Inc.

Keep reading

More on OGS

All OGS news

Trending in the feed

RAYA

ERAYAK Advances Hybrid Power Strategy as Ruike Facility Enters Final Acceptance Phase Open the live feed