ONE Gas (OGS) Raises Quarterly Dividend 16.7% to $0.35; 2.7% Yield

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ONE Gas Increases Quarterly Dividend

January 19, 2016 4:10 PM EST

TULSA, Okla., Jan. 19, 2016 /PRNewswire/ -- The board of directors of ONE Gas, Inc. (NYSE: OGS) today increased the quarterly dividend by 5 cents per share to 35 cents per share, effective for the first quarter 2016, resulting in an annualized dividend of $1.40 per share.

The dividend is payable Mar. 11, 2016, to shareholders of record at the close of business Feb. 26, 2016.

The company expects an average annual dividend increase of 8 to 10 percent... More