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
|
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SOURCE ONE Gas, Inc.