Atmos Energy (ATO) Dividend

36 yrs growth

Atmos Energy Corporation · Utilities · Utilities - Regulated Gas · quarterly payer

$177.02

As of Nov 5, 2026, Atmos Energy (ATO) pays a quarterly dividend of $1.00 per share, or $4.00 a year, a 2.27% yield at its $177.02 share price. It pays every quarter, usually in March, June, September and December. It has raised its dividend 36 years in a row and has a dividend safety grade of A.

Forward Yield

2.27%

Annual Dividend

$4.00

Payout Ratio

46%

5-Yr Growth

9.0%

Ex-Date

Aug 24, 2026

Frequency

Quarterly

Key facts about ATO's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, Atmos Energy Corporation (ATO) has a forward dividend yield of 2.27%, based on an annual dividend of $4.00 per share and a share price of $177.02.
As of Nov 5, 2026, ATO's dividend safety grade from SmarterDividends is A (95 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, Atmos Energy Corporation (ATO) has raised its dividend for 36 consecutive years as of Nov 5, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
ATO has never cut its regular dividend in the payment history SmarterDividends has on record.
ATO's most recent ex-dividend date was Aug 24, 2026, for a dividend of $1.00 per share.
As of Nov 5, 2026, ATO pays out 46% of its trailing 12-month earnings as dividends (its payout ratio).
ATO's dividend has grown at an average rate of 9.0% a year over the past five years.
As of Nov 5, 2026, ATO's 2.27% yield is 10% below its five-year average yield of 2.53%.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for ATO is $141.90 per share, 20% below the $177.02 share price, so ATO screens as overvalued.
Atmos Energy Corporation (ATO) pays its dividend quarterly, 4 times a year.
Atmos Energy Corporation (ATO) has raised its regular dividend 37 times and cut it 0 times across the 148 payments on record since 1989. Its most recent change was a 14.9% increase to $1.00 per share, going ex-dividend on Nov 24, 2025.
Atmos Energy (ATO) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 14.9%, was declared on Nov 5, 2025.

Cite this page

SmarterDividends, "ATO Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/ATO

Is ATO a good dividend stock?

Yes

Atmos Energy Corporation (ATO) pays a quarterly dividend yielding 2.27% ($4.00/yr), with 36 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Dividend Aristocrat — 36 consecutive years of growth
Never cut its dividend on record
Comfortable payout ratio (46%)
Strong 9.0% 5-yr dividend growth
91% total price return over 5 years
Top-tier dividend safety score

Risks

Single-stock concentration risk — diversify

Key Data

Dividend Yield: 2.27%
Payout Ratio: 46%
Annual Dividend: $4.00
5-Yr Avg Growth: 9.0%
Ex-Dividend Date: Aug 24, 2026
Years of Growth: 36
Frequency: quarterly
Beta: 0.55
Market Cap: $29.9B
P/E Ratio: 21.1
5-Yr Total Return: 91%
52-Week Range: $154.72 – $192.51
Dividend Safety: A · 95/100
Ever Cut?: No

ATO dividend raises and cuts

Atmos Energy Corporation (ATO) has raised its regular dividend 37 times and cut it 0 times across the 148 payments on record since 1989. Its most recent change was a 14.9% increase to $1.00 per share, going ex-dividend on Nov 24, 2025.

Ex-date	Change	Old → new	Move
Nov 24, 2025	Raise	$0.870 → $1.00	+14.9%
Nov 25, 2024	Raise	$0.805 → $0.870	+8.1%
Nov 24, 2023	Raise	$0.740 → $0.805	+8.8%
Nov 25, 2022	Raise	$0.680 → $0.740	+8.8%
Nov 26, 2021	Raise	$0.625 → $0.680	+8.8%
Nov 27, 2020	Raise	$0.575 → $0.625	+8.7%
Nov 22, 2019	Raise	$0.525 → $0.575	+9.5%
Nov 23, 2018	Raise	$0.485 → $0.525	+8.2%
Nov 24, 2017	Raise	$0.450 → $0.485	+7.8%
Nov 23, 2016	Raise	$0.420 → $0.450	+7.1%
Nov 19, 2015	Raise	$0.390 → $0.420	+7.7%
Nov 20, 2014	Raise	$0.370 → $0.390	+5.4%

Show all 37 changes since 1989

Ex-date	Change	Old → new	Move
Nov 21, 2013	Raise	$0.350 → $0.370	+5.7%
Nov 21, 2012	Raise	$0.345 → $0.350	+1.4%
Nov 22, 2011	Raise	$0.340 → $0.345	+1.5%
Nov 23, 2010	Raise	$0.335 → $0.340	+1.5%
Nov 23, 2009	Raise	$0.330 → $0.335	+1.5%
Nov 21, 2008	Raise	$0.325 → $0.330	+1.5%
Nov 21, 2007	Raise	$0.320 → $0.325	+1.6%
Nov 22, 2006	Raise	$0.315 → $0.320	+1.6%
Nov 22, 2005	Raise	$0.310 → $0.315	+1.6%
Nov 22, 2004	Raise	$0.305 → $0.310	+1.6%
Nov 21, 2003	Raise	$0.300 → $0.305	+1.7%
Nov 21, 2002	Raise	$0.295 → $0.300	+1.7%
Nov 21, 2001	Raise	$0.290 → $0.295	+1.7%
Nov 20, 2000	Raise	$0.285 → $0.290	+1.8%
Nov 22, 1999	Raise	$0.275 → $0.285	+3.6%
Nov 23, 1998	Raise	$0.265 → $0.275	+3.8%
Nov 21, 1997	Raise	$0.250 → $0.265	+6.0%
Nov 21, 1996	Raise	$0.240 → $0.250	+4.2%
Nov 22, 1995	Raise	$0.230 → $0.240	+4.3%
Nov 18, 1994	Raise	$0.220 → $0.230	+4.5%
Nov 18, 1993	Raise	$0.213 → $0.220	+3.1%
Nov 19, 1992	Raise	$0.207 → $0.213	+3.2%
Nov 19, 1991	Raise	$0.200 → $0.207	+3.3%
Nov 19, 1990	Raise	$0.193 → $0.200	+3.4%
Nov 17, 1989	Raise	$0.187 → $0.193	+3.6%

Every ATO payment →Download every raise and cut (CSV)

ATO ex-dividend date & scheduleNext ex-date Aug 24, 2026 · full ex-dividend historyView →ATO dividend historyEvery payment, totals by year, raises and cutsView →ATO dividend calculator100 shares pay $400.00 a year, $100.00 each quarterCalculate →ATO total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is ATO a good dividend stock?

Yes. Atmos Energy Corporation (ATO) pays a quarterly dividend yielding 2.27% ($4.00/yr), with 36 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is ATO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ATO's fair value is about $141.90 versus a $177.02 share price — so it looks overvalued (-20% vs. fair value).

Is ATO's dividend safe?

ATO has a dividend-safety grade of A (95/100), based on its payout coverage, free-cash-flow, 36-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is ATO's fair value?

Our blended fair-value estimate for ATO is about $141.90 per share, about 20% below the current $177.02 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ATO a buy, hold, or sell?

We don't issue formal ratings, but on the data ATO screens as "yes" and overvalued. Atmos Energy Corporation (ATO) pays a quarterly dividend yielding 2.27% ($4.00/yr), with 36 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will ATO cut its dividend?

ATO earns a dividend-safety grade of A (95/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ATO pay a dividend?

Yes. Atmos Energy Corporation pays a quarterly dividend of about $4.00 per share annually, a forward yield of roughly 2.27%.

How much dividend does 100 shares of ATO pay?

At $4.00 per share a year, 100 shares of ATO pay $400.00 a year in dividends before tax, about $100.00 each quarter. Buying them costs about $17,702 at the Nov 5, 2026 price.

What is ATO's dividend yield?

As of Nov 5, 2026, ATO's forward dividend yield is 2.27%, based on a $4.00 annual dividend and a $177.02 share price.

What is ATO's dividend per share?

As of Nov 5, 2026, ATO pays $4.00 per share per year, distributed on a quarterly basis.

What is ATO's dividend payout ratio?

As of Nov 5, 2026, ATO's payout ratio is 46% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has ATO grown its dividend?

As of Nov 5, 2026, ATO has increased its dividend for 36 consecutive years.

When is the next ATO ex-dividend date?

As of Nov 5, 2026, ATO's next ex-dividend date hasn't been announced. The most recent was Aug 24, 2026, for $1.00 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full ATO dividend history →

Ex-Date	Pay Date	Amount	Type
Aug 24, 2026	Sep 8, 2026	$1.0000	regular
May 26, 2026	Jun 8, 2026	$1.0000	regular
Feb 23, 2026	Mar 9, 2026	$1.0000	regular
Nov 24, 2025	Dec 8, 2025	$1.0000	regular
Aug 25, 2025	Sep 8, 2025	$0.8700	regular
May 27, 2025	Jun 9, 2025	$0.8700	regular
Feb 25, 2025	Mar 10, 2025	$0.8700	regular
Nov 25, 2024	Dec 9, 2024	$0.8700	regular
Aug 26, 2024	Sep 9, 2024	$0.8050	regular
May 24, 2024	Jun 10, 2024	$0.8050	regular
Feb 23, 2024	Mar 11, 2024	$0.8050	regular
Nov 24, 2023	Dec 11, 2023	$0.8050	regular
Aug 18, 2023	Sep 5, 2023	$0.7400	regular
May 19, 2023	Jun 5, 2023	$0.7400	regular