Atmos Energy Corporation (NYSE:ATO) Declares Dividend Increase - $1.09 Per Share

Key Points

• Atmos Energy raised its quarterly dividend 9% to $1.09 per share, equivalent to $4.36 annually and a yield of about 2.5%. Shareholders of record November 23 are scheduled to receive payment December 7.
• The company has increased its dividend for 41 consecutive years, and its payout appears covered by earnings, with an estimated future payout ratio of 44.2%.
• Quarterly EPS of $1.17 beat the $1.14 consensus, but revenue of $837 million fell short of analyst expectations of about $874 million.

Atmos Energy Corporation (NYSE:ATO - Get Free Report) announced a quarterly dividend on Wednesday, November 4th. Stockholders of record on Monday, November 23rd will be paid a dividend of $1.09 per share by the utilities provider on Monday, December 7th. This represents a $4.36 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, November 23rd. This is a 9.0% increase from Atmos Energy's previous quarterly dividend of $1.00.

Atmos Energy has raised its dividend by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 41 years. Atmos Energy has a payout ratio of 51.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Atmos Energy to earn $9.05 per share next year, which means the company should continue to be able to cover its $4.00 annual dividend with an expected future payout ratio of 44.2%.

Atmos Energy Stock Performance

ATO stock opened at $175.85 on Thursday. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $29.72 billion, a price-to-earnings ratio of 20.93, a P/E/G ratio of 2.76 and a beta of 0.56. Atmos Energy has a 12 month low of $154.72 and a 12 month high of $192.51. The firm has a 50 day moving average of $164.59 and a two-hundred day moving average of $174.19.

Atmos Energy (NYSE:ATO - Get Free Report) last posted its earnings results on Wednesday, November 4th. The utilities provider reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.03. Atmos Energy had a return on equity of 9.67% and a net margin of 28.50%. The company had revenue of $837.00 million for the quarter, compared to analyst estimates of $873.77 million. During the same period last year, the company earned $1.07 earnings per share. As a group, equities analysts anticipate that Atmos Energy will post 8.47 EPS for the current fiscal year.

More Atmos Energy News

Here are the key news stories impacting Atmos Energy this week:

• Positive Sentiment: Atmos Energy raised its quarterly dividend 9% to $1.09 per share, or $4.36 annualized, representing a yield of about 2.5%. The increase may appeal to income-focused investors. Atmos Energy raises quarterly dividend by 9%
• Positive Sentiment: Fiscal Q4 EPS was $1.17, ahead of the $1.14 consensus and up from $1.07 a year earlier. For fiscal 2026, the company reported diluted EPS of $8.49 and $1.4 billion in net income. It also initiated fiscal 2027 guidance. Fiscal 2026 earnings and fiscal 2027 guidance
• Positive Sentiment: A report highlighted that falling bond yields can make utility dividends more attractive, potentially supporting demand for income-oriented shares such as ATO. Why utility dividends may look more attractive as bond yields fall
• Neutral Sentiment: Board Chairman Kim R. Cocklin plans to retire at the 2027 annual meeting, with J. Kevin Akers appointed as his successor. The transition is planned well in advance. Atmos Energy board leadership transition
• Negative Sentiment: Quarterly revenue of $837 million fell short of analyst expectations of about $874 million, a top-line miss that offsets some of the positive earnings news.

About Atmos Energy

Atmos Energy Corporation NYSE: ATO is a regulated natural gas utility that distributes natural gas to residential, commercial, industrial and agricultural customers. The company also operates natural gas pipeline and storage assets, supporting the transportation and management of gas within its service areas.

Atmos Energy serves more than 3 million distribution customers across eight states, including Texas, Louisiana, Mississippi, Tennessee, Kentucky, Virginia, Kansas and Colorado. Its distribution operations include a large network of natural gas pipelines and related infrastructure, while its pipeline and storage business provides transportation and storage services primarily in Texas and Mississippi.

The company traces its history to 1906 and is headquartered in Dallas, Texas.

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