Atmos Energy Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards

By the end of today, December 11, 2023, Atmos Energy ATO is set to deliver a dividend payout of $0.81 per share, equating to an annualized dividend yield of 2.93%. Shareholders who owned the stock prior to the ex-dividend date on November 24, 2023 will receive this payout.

Atmos Energy Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-11-24 4 $0.81 2.93% 2023-11-08 2023-11-27 2023-12-11
2023-08-18 4 $0.74 2.45% 2023-08-02 2023-08-21 2023-09-05
2023-05-19 4 $0.74 2.64% 2023-05-03 2023-05-22 2023-06-05
2023-02-16 4 $0.74 2.52% 2023-02-07 2023-02-20 2023-03-06
2022-11-25 4 $0.74 2.83% 2022-11-09 2022-11-28 2022-12-12
2022-08-19 4 $0.68 2.26% 2022-08-03 2022-08-22 2022-09-06
2022-05-20 4 $0.68 2.42% 2022-05-04 2022-05-23 2022-06-06
2022-02-17 4 $0.68 2.57% 2022-02-08 2022-02-21 2022-03-07
2021-11-26 4 $0.68 2.92% 2021-11-10 2021-11-29 2021-12-13
2021-08-20 4 $0.62 2.51% 2021-08-04 2021-08-23 2021-09-07
2021-05-21 4 $0.62 2.41% 2021-05-05 2021-05-24 2021-06-07
2021-02-19 4 $0.62 2.82% 2021-02-02 2021-02-22 2021-03-08

When comparing Atmos Energy's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Suburban Propane Partners SPH having the highest annualized dividend yield at 7.70%.

Analyzing Atmos Energy Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $2.15 to $2.78, indicating the company's dedication to enhancing shareholder value through increased dividends.

YoY Earnings Growth For Atmos Energy

earning chart graph

From 2019 to 2022, Atmos Energy has demonstrated an upward trend in earnings, with earnings per share rising from $4.37 to $5.66. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.

Recap

This article provides an in-depth analysis of Atmos Energy's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.81 per share, resulting in an annualized dividend yield of 2.93%.

When comparing Atmos Energy's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Suburban Propane Partners having the highest annualized dividend yield at 7.70%.

Given that Atmos Energy has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.

It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.

[Click here](https://www.benzinga.com/stock//dividends) to find details on Atmos Energy's previous dividends.

To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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