By Sabela Ojea
One Gas said its board of directors approved increasing its quarterly dividend by 1.5%, to 67 cents per share.
The natural-gas utility on Tuesday declared a quarterly payout to shareholders of 67 cents, up from 66 cents a share previously.
The new payout, equal to $2.68 annually, represents a yield of 3.7%, based on the company's latest closing price of $72.16.
The dividend will be paid on March 7.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
January 21, 2025 17:40 ET (22:40 GMT)
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