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Friday, November 8, 2024

Atmos Energy Dividend Increase

On 6 November, Atmos Energy (ADP) increased its quarterly dividend by 8.07%, from 81¢ to 87¢ per share.

The dividend will be paid on 9 December to shareholders of record on 25 November. The ex-dividend date is 25 November.

ATO's contribution to DivGro's projected annual dividend income will increase by $52 to $696.

I own 200 shares of ATO at an average cost basis of $89.47 per share. Following this increase, my yield on cost is 3.89%. (ATO's forward yield is 2.45% at $141.44 per share). 

Since I opened my ATO position in February 2021, the stock has produced total returns of 69%, including $1,967.50 in dividend income. That's an outstanding annualized rate of return of 16.5%!

5-Year History of Dividend Payouts by Ex-Date
20192020202120222023•2024
$2.150$2.350$2.555$2.780$3.025⬆$3.220✝
8.59%9.30%8.72%8.81%8.81%⬇6.45%
5-year DGR:8.85%⬇8.41%

✝projected, assuming no further changes


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