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 4.04%. The latest dividend has increased by $0.01, or 1.5% from the previous payment.
ONE Gas's dividend yield of 4.04% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.49%, ONE Gas's dividend yield is 16% higher. Historically OGS's dividend yield has averaged at 3.0% in the last 5 years, which is below the current yield.
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 19% from a year ago, the dividend yield has increased by 29%.
| 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'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 66%, ONE Gas's payout ratio is only 5% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWN Northwest Natural Holding Co | 5.03% | $1.95 | 75.1% |
| OGS ONE Gas Inc | 4.04% | $2.61 | 62.7% |
| RGCO Rgc Resources Inc | 3.93% | $0.8 | 60.7% |
| CNP Centerpoint Energy Inc | 2.66% | $0.78 | 56.9% |
| ATO Atmos Energy Corp | 2.61% | $3.09 | 49.4% |
Yes, ONE Gas has been paying dividends for the last ten years.
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.
ONE Gas's last dividend ex-date was on Feb 22, 2024. The dividend amount was $0.66 per share.
OGS's annualized dividend per share is $2.61.
ONE Gas's current dividend yield is 4.04%.
ONE Gas pays dividends quarterly.
The dividend payout ratio of ONE Gas is 62.7%.
ONE Gas's dividend yield is above the Utilities sector average.