Atmos Energy Increases Quarterly Dividend

Rhea-AI Summary

Atmos Energy Corporation (ATO) announces a quarterly dividend increase to 80.5 cents per share, with a Fiscal 2024 indicated annual dividend of $3.22. The dividend will be paid on December 11, 2023, to shareholders of record on November 27, 2023. This marks the company’s 160th consecutive quarterly dividend. Atmos Energy is the country’s largest natural gas-only distributor, serving over 3 million customers in 1,400 communities across eight states. The company emphasizes safety, innovation, and environmental sustainability in its operations.

Positive

• The dividend increase indicates strong financial performance and commitment to shareholder value.
• Atmos Energy's focus on safety, innovation, and environmental sustainability aligns with current market trends and regulatory expectations.

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 80.5 cents per share. The Fiscal 2024 indicated annual dividend is $3.22. The Fiscal 2023 annual dividend was $2.96.

The dividend will be paid on December 11, 2023, to shareholders of record on November 27, 2023. This is the company’s 160th 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/20231108312353/en/

Analyst and Media Contact:

Dan Meziere

(972) 855-3729

 

Source: Atmos Energy Corporation

FAQ

What is the new quarterly dividend for Atmos Energy Corporation (ATO)?

The new quarterly dividend for Atmos Energy Corporation is 80.5 cents per share.

When will the dividend be paid to shareholders of Atmos Energy Corporation (ATO)?

The dividend will be paid on December 11, 2023, to shareholders of record on November 27, 2023.

How many customers does Atmos Energy Corporation (ATO) serve?

Atmos Energy serves over 3 million customers in 1,400 communities across eight states.

What are the key focus areas for Atmos Energy Corporation (ATO)?

Atmos Energy emphasizes safety, innovation, and environmental sustainability in its operations.