Atmos Energy Increases Quarterly Dividend

Rhea-AI Summary

Atmos Energy Corporation (NYSE: ATO) has announced a quarterly dividend increase to 68.0 cents per share, raising the annual dividend for Fiscal 2021 to $2.72, up from $2.50 in Fiscal 2020. The dividend will be paid on December 13, 2021, to shareholders of record on November 29, 2021. This marks the company’s 152nd consecutive quarterly dividend.

Atmos Energy, based in Dallas, is the largest natural gas-only distributor in the U.S., serving over 3 million customers.

Positive

• Quarterly dividend increase to 68.0 cents per share
• Annual dividend for FY2021 raised to $2.72 from $2.50 in FY2020
• 152nd consecutive quarterly dividend reflects financial stability

Negative

• None.

DALLAS--(BUSINESS WIRE)-- Atmos Energy Corporation (NYSE: ATO) said today that its Board of Directors declared a quarterly dividend increase on the company’s common stock to 68.0 cents per share. The Fiscal 2021 indicated annual dividend is $2.72. The Fiscal 2020 annual dividend was $2.50.

The dividend will be paid on December 13, 2021, to shareholders of record on November 29, 2021. This is the company’s 152nd consecutive quarterly dividend.

Atmos Energy Corporation, an S&P 500 company headquartered in Dallas, is the country’s largest natural gas-only distributor. We safely deliver reliable, affordable, efficient and abundant natural gas to more than 3 million distribution customers in over 1,400 communities across eight states located primarily in the South. As part of our vision to be the safest provider of natural gas services, we are modernizing our business and infrastructure while continuing to invest in safety, innovation, environmental sustainability and our communities. Atmos Energy manages proprietary pipeline and storage assets, including one of the largest intrastate natural gas pipeline systems in Texas. Find us online at http://www.atmosenergy.com, Facebook, Twitter, Instagram and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211110006204/en/

Analyst and Media Contact:

Dan Meziere

(972) 855-3729

Source: Atmos Energy Corporation

FAQ

What is the new dividend amount declared by Atmos Energy Corporation?

Atmos Energy Corporation has declared a new dividend amount of 68.0 cents per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 13, 2021.

What was the annual dividend for Atmos Energy Corporation in Fiscal 2020?

The annual dividend for Fiscal 2020 was $2.50 per share.

How many consecutive quarterly dividends has Atmos Energy Corporation paid?

Atmos Energy Corporation has paid 152 consecutive quarterly dividends.

What is the significance of the dividend increase for investors?

The dividend increase indicates the company's financial health and commitment to returning value to shareholders.