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ONE Gas (ONE Gas) 3-Year Dividend Growth Rate : 6.40% (As of Dec. 2023)


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What is ONE Gas 3-Year Dividend Growth Rate?

ONE Gas's Dividends per Share for the three months ended in Dec. 2023 was $0.65.

The historical rank and industry rank for ONE Gas's 3-Year Dividend Growth Rate or its related term are showing as below:

OGS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 6.4   Med: 8.7   Max: 26
Current: 6.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ONE Gas was 26.00% per year. The lowest was 6.40% per year. And the median was 8.70% per year.

OGS's 3-Year Dividend Growth Rate is ranked better than
59.18% of 294 companies
in the Utilities - Regulated industry
Industry Median: 5 vs OGS: 6.40

During the past 12 months, ONE Gas's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

ONE Gas's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.53. As of today, ONE Gas's Dividend Yield % is 4.01%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of ONE Gas's 3-Year Dividend Growth Rate

For the Utilities - Regulated Gas subindustry, ONE Gas's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ONE Gas's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ONE Gas's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where ONE Gas's 3-Year Dividend Growth Rate falls into.



ONE Gas 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


ONE Gas  (NYSE:OGS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

ONE Gas's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.65/ 1.22
=0.53

During the past 13 years, the highest Dividend Payout Ratio of ONE Gas was 0.64. The lowest was 0.41. And the median was 0.57.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

ONE Gas Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6600002024-02-222024-02-232024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.6500002023-11-142023-11-152023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6500002023-08-152023-08-162023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6500002023-05-162023-05-172023-06-02Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

ONE Gas's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.61/65.29
=4.00 %

Current Share Price is $65.29.
ONE Gas's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.61.

During the past 13 years, the highest Dividend Yield of ONE Gas was 4.39%. The lowest was 0.74%. And the median was 2.46%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ONE Gas 3-Year Dividend Growth Rate Related Terms>


ONE Gas (ONE Gas) Business Description

Traded in Other Exchanges
Address
15 East Fifth Street, Tulsa, OK, USA, 74103
ONE Gas Inc is a regulated natural gas utility company. It is involved in the distribution and sale of natural gas to residential, commercial, industrial, and transportation consumers through its network of pipelines and service lines. Almost all of the company's revenue is derived from natural gas sales in the states of Oklahoma, Kansas, and Texas. The company controls considerable market shares in Oklahoma and Kansas and is one of the largest natural gas utilities in the U.S.
Executives
Angela Kouplen officer: See Remarks 2425 SOUTH YUKON, TULSA OK 74107
Deborah Hersman director 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael G Hutchinson director 9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Brian F. Brumfield officer: See remarks 15 EAST 5TH ST., 34TH FLOOR, TULSA OK 74103
Eduardo A Rodriguez director 100 WEST FIFTH STREET, TULSA OK 74103
William Kent Shortridge officer: See Remarks 15 E. 5TH STREET, 34TH FLOOR, TULSA OK 74103
Tracy E Hart director 15 EAST 5TH STREET, TULSA OK 74103
Jeffrey J Husen officer: See Remarks 15 EAST 5TH ST., TULSA OK 74103
John William Gibson director 100 WEST FIFTH STREET, TULSA OK 74103
Arcilia Acosta director LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Robert B Evans director 100 COLLEGE STREET, MINDEN LA 71055
Douglas H Yaeger director
Pattye L Moore director 100 WEST FIFTH STREET, TULSA OK 74103
Mark A. Bender officer: See Remarks 15 EAST 5TH ST., 34TH FLOOR, TULSA OK 74103
Caron A Lawhorn officer: See Remarks 100 WEST FIFTH STREET, TULSA OK 74103