01-18-2022, 06:05 PM
TULSA, Okla., Jan. 18, 2022 /PRNewswire/ -- The board of directors of ONE Gas, Inc. (OGS) today increased the dividend for the first quarter 2022 by 4 cents per share to 62 cents per share (6.69%), resulting in an annualized dividend of $2.48 per share.
The dividend is payable March 11, 2022, to shareholders of record at the close of business Feb. 25, 2022.
The company expects an average annual dividend increase of 6% to 8% through 2026, with a target dividend payout ratio of 55% to 65% of net income, subject to its board of directors' approval.
The dividend is payable March 11, 2022, to shareholders of record at the close of business Feb. 25, 2022.
The company expects an average annual dividend increase of 6% to 8% through 2026, with a target dividend payout ratio of 55% to 65% of net income, subject to its board of directors' approval.