SmarterDividends
OGS

ONE Gas, Inc.

OGS

Utilities · Utilities - Regulated Gas · Stock · quarterly payer

$75.60

Undervalued · +42% Add to Portfolio

Forward Yield

3.60%

Annual Dividend

$2.72

Payout Ratio

58%

5-Yr Growth

4.4%

Ex-Date

Aug 17, 2026

Frequency

Quarterly

Key facts about OGS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, ONE Gas, Inc. (OGS) has a forward dividend yield of 3.60%, based on an annual dividend of $2.72 per share and a share price of $75.60.
  • As of Oct 18, 2026, OGS's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, ONE Gas, Inc. (OGS) has raised its dividend for 11 consecutive years as of Oct 18, 2026.
  • OGS has never cut its regular dividend in the payment history SmarterDividends has on record.
  • OGS's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.68 per share.
  • As of Oct 18, 2026, OGS pays out 58% of its trailing 12-month earnings as dividends (its payout ratio).
  • OGS's dividend has grown at an average rate of 4.4% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for OGS is $107.06 per share, 42% above the $75.60 share price, so OGS screens as undervalued.
  • ONE Gas, Inc. (OGS) pays its dividend quarterly, 4 times a year.
  • ONE Gas, Inc. (OGS) has raised its regular dividend 12 times and cut it 0 times across the 50 payments on record since 2014. Its most recent change was a 1.5% increase to $0.680 per share, going ex-dividend on Feb 20, 2026.
Cite this page

SmarterDividends, "OGS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/OGS

Summary

As of Oct 18, 2026, ONE Gas, Inc. (OGS) yields 3.60% ($2.72 a year per share), has a dividend safety grade of A (85/100) and has 11 consecutive years of dividend increases on record.

Is OGS a good dividend stock?

Yes

ONE Gas, Inc. (OGS) pays a quarterly dividend yielding 3.60% ($2.72/yr), with 11 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

  • 11 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (58%)
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.60%
Payout Ratio
58%
Annual Dividend
$2.72
5-Yr Avg Growth
4.4%
Ex-Dividend Date
Aug 17, 2026
Years of Growth
11
Frequency
quarterly
Beta
0.63
Market Cap
$4.8B
P/E Ratio
16.3
5-Yr Total Return
17%
52-Week Range
$70.37 – $90.78
Dividend Safety
A · 85/100
Ever Cut?
No

OGS dividend raises and cuts

ONE Gas, Inc. (OGS) has raised its regular dividend 12 times and cut it 0 times across the 50 payments on record since 2014. Its most recent change was a 1.5% increase to $0.680 per share, going ex-dividend on Feb 20, 2026.

Ex-dateChangeOld → newMove
Feb 20, 2026Raise$0.670 → $0.680+1.5%
Feb 21, 2025Raise$0.660 → $0.670+1.5%
Feb 22, 2024Raise$0.650 → $0.660+1.5%
Feb 23, 2023Raise$0.620 → $0.650+4.8%
Feb 24, 2022Raise$0.580 → $0.620+6.9%
Feb 18, 2021Raise$0.540 → $0.580+7.4%
Feb 20, 2020Raise$0.500 → $0.540+8.0%
Feb 21, 2019Raise$0.460 → $0.500+8.7%
Feb 22, 2018Raise$0.420 → $0.460+9.5%
Feb 22, 2017Raise$0.350 → $0.420+20.0%
Feb 24, 2016Raise$0.300 → $0.350+16.7%
Feb 18, 2015Raise$0.280 → $0.300+7.1%
Every OGS payment →Download every raise and cut (CSV)
OGS ex-dividend date & scheduleNext ex-date Aug 17, 2026 · full ex-dividend historyView →OGS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is OGS a good dividend stock?

Yes. ONE Gas, Inc. (OGS) pays a quarterly dividend yielding 3.60% ($2.72/yr), with 11 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 OGS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OGS's fair value is about $107.06 versus a $75.60 share price — so it looks undervalued (+42% vs. fair value).

Is OGS's dividend safe?

OGS has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 11-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is OGS's fair value?

Our blended fair-value estimate for OGS is about $107.06 per share, roughly 42% above the current $75.60 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is OGS a buy, hold, or sell?

We don't issue formal ratings, but on the data OGS screens as "yes" and undervalued. ONE Gas, Inc. (OGS) pays a quarterly dividend yielding 3.60% ($2.72/yr), with 11 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 OGS cut its dividend?

OGS earns a dividend-safety grade of A (85/100), 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 OGS pay a dividend?

Yes. ONE Gas, Inc. pays a quarterly dividend of about $2.72 per share annually, a forward yield of roughly 3.60%.

What is OGS's dividend yield?

As of Oct 18, 2026, OGS's forward dividend yield is 3.60%, based on a $2.72 annual dividend and a $75.60 share price.

What is OGS's dividend per share?

As of Oct 18, 2026, OGS pays $2.72 per share per year, distributed on a quarterly basis.

What is OGS's dividend payout ratio?

As of Oct 18, 2026, OGS's payout ratio is 58% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has OGS grown its dividend?

As of Oct 18, 2026, OGS has increased its dividend for 11 consecutive years.

When is the next OGS ex-dividend date?

As of Oct 18, 2026, OGS's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.68 per share.

Income Calculator

At $2.72 / yr per share

Per payment (quarterly)$68.00
Annual$272.00
Monthly avg$22.67

Similar Dividend Stocks

NEENEENextEra Energy, Inc.3.12%30 yrSOSOThe Southern Company3.33%25 yrCEGCEGConstellation Energy Corporation0.63%UtilitiesDUKDUKDuke Energy Corporation3.57%21 yr

Compare OGS

OGS vs NEEOGS vs SOOGS vs CEGOGS vs DUK

Explore more

Lists and tools related to OGS