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OGS ONE Gas dividend history, payout ratio & dates

ONE Gas's most recent quarterly dividend was on Feb 22, 2024 (ex-date) with a cash dividend payment of $0.66 per share. At an annualized rate of $2.61 per share, the stock yields 4.05%. The latest dividend has increased by $0.01, or 1.5% from the previous payment.

Key dates

  • OGS last dividend date: Feb 22, 2024
  • OGS next dividend date: Not announced
OGS dividend stats
DPS
$2.61
Dividend yield
4.05%
Payout ratio
62.7%
vs. Utilities sector
Dividend yield
3.54%
Payout ratio
65.4%

Dividend yield

What is ONE Gas current dividend yield

ONE Gas's dividend yield of 4.05% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.54%, ONE Gas's dividend yield is 14% higher. Historically OGS's dividend yield has averaged at 3.0% in the last 5 years, which is below the current yield.

Dividend history

What is OGS dividend payout history and dates

ONE Gas has been paying dividends since 2014. OGS has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4% for the last year. And since the stock price has gone down by 20% from a year ago, the dividend yield has increased by 30%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 22, 2024 Mar 8, 2024 Jan 23, 2024 $0.66 normal
Nov 14, 2023 Dec 1, 2023 Oct 30, 2023 $0.65 normal
Aug 15, 2023 Sep 1, 2023 Jul 17, 2023 $0.65 normal
May 16, 2023 Jun 2, 2023 May 1, 2023 $0.65 normal
Feb 23, 2023 Mar 10, 2023 Jan 24, 2023 $0.65 normal
Nov 14, 2022 Dec 1, 2022 Oct 31, 2022 $0.62 normal
Aug 12, 2022 Sep 1, 2022 Jul 18, 2022 $0.62 normal
May 13, 2022 Jun 1, 2022 May 2, 2022 $0.62 normal
Feb 24, 2022 Mar 11, 2022 Jan 18, 2022 $0.62 normal
Nov 12, 2021 Dec 1, 2021 Nov 1, 2021 $0.58 normal
Aug 12, 2021 Sep 1, 2021 Jul 19, 2021 $0.58 normal
May 14, 2021 Jun 1, 2021 May 3, 2021 $0.58 normal
Feb 18, 2021 Mar 5, 2021 Jan 19, 2021 $0.58 normal
Nov 13, 2020 Dec 1, 2020 Nov 2, 2020 $0.54 normal
Aug 13, 2020 Sep 1, 2020 Jul 20, 2020 $0.54 normal
May 12, 2020 Jun 1, 2020 Apr 27, 2020 $0.54 normal
Feb 20, 2020 Mar 6, 2020 Jan 21, 2020 $0.54 normal
Nov 8, 2019 Dec 2, 2019 Oct 28, 2019 $0.5 normal
Aug 9, 2019 Sep 3, 2019 Jul 22, 2019 $0.5 normal
May 14, 2019 May 31, 2019 Apr 29, 2019 $0.5 normal
Feb 21, 2019 Mar 8, 2019 Jan 15, 2019 $0.5 normal
Nov 9, 2018 Dec 3, 2018 Oct 29, 2018 $0.46 normal
Aug 10, 2018 Sep 4, 2018 Jul 23, 2018 $0.46 normal
May 11, 2018 Jun 1, 2018 Apr 30, 2018 $0.46 normal
Feb 22, 2018 Mar 9, 2018 Jan 16, 2018 $0.46 normal
Nov 10, 2017 Dec 1, 2017 Oct 30, 2017 $0.42 normal
Aug 10, 2017 Sep 1, 2017 Jul 24, 2017 $0.42 normal
May 11, 2017 Jun 1, 2017 May 1, 2017 $0.42 normal
Feb 22, 2017 Mar 10, 2017 Jan 17, 2017 $0.42 normal
Nov 9, 2016 Dec 1, 2016 Oct 31, 2016 $0.35 normal
Aug 11, 2016 Sep 1, 2016 Jul 25, 2016 $0.35 normal
May 12, 2016 Jun 1, 2016 May 2, 2016 $0.35 normal

ONE Gas dividend payout ratio

What is ONE Gas dividend payout ratio compared to the sector

Payout ratio

ONE Gas's payout ratio of 62.7% is above its peers average but below the Utilities sector and the industry average. But compared to its Utilities sector average of 65.4%, ONE Gas's payout ratio is only 4.1% lower.

Total amount of dividends paid per financial year (from cash flow)

OGS dividend vs peer dividends

How does OGS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NWN Northwest Natural Holding Co 5.16% $1.95 75.1%
RGCO Rgc Resources Inc 4.13% $0.8 60.7%
OGS ONE Gas Inc 4.05% $2.61 62.7%
CNP Centerpoint Energy Inc 2.73% $0.78 56.9%
ATO Atmos Energy Corp 2.64% $3.09 49.4%

Frequently asked questions

Does ONE Gas pay a dividend?

Yes, ONE Gas has been paying dividends for the last ten years.

When is ONE Gas's next dividend?

Currently OGS's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.

When was OGS's last dividend?

ONE Gas's last dividend ex-date was on Feb 22, 2024. The dividend amount was $0.66 per share.

How much dividend does ONE Gas pay (per share)?

OGS's annualized dividend per share is $2.61.

What is ONE Gas's dividend yield?

ONE Gas's current dividend yield is 4.05%.

How often does ONE Gas pay dividends?

ONE Gas pays dividends quarterly.

What is ONE Gas's dividend payout ratio?

The dividend payout ratio of ONE Gas is 62.7%.

Does ONE Gas pay a good dividend?

ONE Gas's dividend yield is above the Utilities sector average.