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ONE Gas Declares Quarterly Dividend

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TULSA, Okla., July 18, 2022 /PRNewswire/ -- The board of directors of ONE Gas, Inc. (NYSE: OGS) today declared a quarterly dividend of 62 cents per share of common stock, payable Sept. 1, 2022, to shareholders of record at the close of business Aug. 15, 2022.

(PRNewsfoto/ONE Gas, Inc.)
(PRNewsfoto/ONE Gas, Inc.)

ONE Gas announced previously that it expects the quarterly dividend to be 62 cents per share in 2022, or $2.48 per share on an annualized basis, with annual dividend growth of 6% to 8% through 2026, and a target dividend payout ratio of 55% to 65% of net income, subject to its board of directors' approval.

ONE Gas, Inc. (NYSE: OGS) is a 100-percent regulated natural gas utility, and trades on the New York Stock Exchange under the symbol "OGS." ONE Gas is included in the S&P MidCap 400 Index and is one of the largest natural gas utilities in the United States.

Headquartered in Tulsa, Oklahoma, ONE Gas provides a reliable and affordable energy choice to more than 2.3 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in Oklahoma; and Texas Gas Service, the third largest in Texas, in terms of customers.

For more information and the latest news about ONE Gas, visit onegas.com and follow its social channels: @ONEGas, Facebook, LinkedIn and YouTube.

Analyst Contact:

Brandon Lohse 


918-947-7472

Media Contact:

Leah Harper


918-947-7123

 

Cision
Cision

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SOURCE ONE Gas, Inc.