ONE Gas, Inc. Announces Increased Quarterly Dividend for the First Quarter 2015, Payable Mar. 2, 2015
January 20, 2015 at 04:05 pm
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The board of directors of ONE Gas, Inc. increased the quarterly dividend by 2 cents per share, or 7%, to 30 cents per share, effective for the
first quarter 2015, resulting in an annualized dividend of $1.20 per share. The dividend is payable Mar. 2, 2015, to shareholders of record at the close of business Feb. 20, 2015.
ONE Gas, Inc. is a regulated natural gas distribution utility in the United States. The Company operates through a single segment, regulated public utilities, which delivers natural gas to residential, commercial and transportation customers. The Company provides natural gas distribution services to approximately 2.3 million customers. The Company has three divisions: Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service. It primarily serves residential, commercial and transportation customers in all three states. The Companyâs natural gas distribution markets in terms of customers are Oklahoma City and Tulsa, Oklahoma; Kansas City, Wichita and Topeka, Kansas; and Austin and El Paso, Texas. It distributes natural gas to approximately 89%, 71% and 13% of the natural gas distribution customers in Oklahoma, Kansas and Texas, respectively.