ONE Gas, Inc. (OGS) To Go Ex-Dividend on November 14th

ONE Gas, Inc. (NYSE:OGS) declared a quarterly dividend on Monday, November 3rd. Shareholders of record on Friday, November 14th will be given a dividend of 0.67 per share by the utilities provider on Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, November 14th.

ONE Gas has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 2 years. ONE Gas has a payout ratio of 59.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect ONE Gas to earn $4.43 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 60.5%.

ONE Gas Price Performance

Shares of NYSE:OGS traded down $0.20 during mid-day trading on Wednesday, reaching $81.84. The stock had a trading volume of 57,751 shares, compared to its average volume of 495,216. The company has a market cap of $4.91 billion, a P/E ratio of 19.08, a price-to-earnings-growth ratio of 3.22 and a beta of 0.85. The business’s 50 day moving average price is $79.36 and its 200 day moving average price is $76.17. The company has a current ratio of 0.47, a quick ratio of 0.33 and a debt-to-equity ratio of 0.74. ONE Gas has a 1 year low of $66.38 and a 1 year high of $83.39.

ONE Gas (NYSE:OGS) last announced its quarterly earnings results on Monday, November 3rd. The utilities provider reported $0.44 earnings per share for the quarter, hitting the consensus estimate of $0.44. ONE Gas had a net margin of 10.76% and a return on equity of 8.06%. The company had revenue of $379.13 million for the quarter, compared to analysts’ expectations of $404.19 million. During the same quarter in the previous year, the business posted $0.34 earnings per share. ONE Gas’s quarterly revenue was up 11.4% on a year-over-year basis. ONE Gas has set its FY 2025 guidance at 4.340-4.400 EPS. Research analysts expect that ONE Gas will post 4.26 EPS for the current fiscal year.

ONE Gas Company Profile

ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.