Atmos Energy Increases Quarterly Dividend by 5.7 Percent
November 06 2013 - 5:01PM
Business Wire
Atmos Energy Corporation (NYSE: ATO) said today that its Board
of Directors declared a quarterly dividend increase on the
company’s common stock to 37 cents per share. The indicated annual
dividend is $1.48, which represents a 5.7 percent increase over the
Fiscal 2013 annual dividend of $1.40. This is the 26th consecutive
year that the company has increased its dividend.
“We are pleased with the continued contribution and stability of
our regulated earnings, cash flows and capital structure,” said Kim
Cocklin, president and chief executive officer of Atmos Energy
Corporation. “These factors, combined with the company’s strong
regulated operating performance, have positioned us to increase the
dividend at a rate that is more closely aligned with earnings per
share growth,” Cocklin concluded.
The dividend will be paid on December 9, 2013, to shareholders
of record on November 25, 2013. This is the company’s 120th
consecutive quarterly dividend.
Atmos Energy Corporation, headquartered in Dallas, is one of the
country's largest natural-gas-only distributors, serving over three
million natural gas distribution customers in over 1,400
communities in eight states from the Blue Ridge Mountains in the
East to the Rocky Mountains in the West. Atmos Energy also manages
company-owned natural gas pipeline and storage assets, including
one of the largest intrastate natural gas pipeline systems in Texas
and provides natural gas marketing and procurement services to
industrial, commercial and municipal customers primarily in the
Midwest and Southeast. For more information, visit
www.atmosenergy.com.
Atmos Energy CorporationSusan Giles,
972-855-3729
Atmos Energy (NYSE:ATO)
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