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Stock impact report

ONE Gas' (NYSE:OGS) Upcoming Dividend Will Be Larger Than Last Year's [Yahoo! Finance]

ONE Gas, Inc. (OGS) 
Last one gas, inc. earnings: 4/27 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This makes the dividend yield about the same as the industry average at 3.5%. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. We aren't too impressed by dividend yields unless they can be sustained over time. Based on the last payment, ONE Gas' earnings were much higher than the dividend, but it wasn't converting those earnings into cash flow. No cash flows could definitely make returning cash to shareholders difficult, or at least mean the balance sheet will come under pressure. Looking forward, earnings per share is forecast to rise by 20.7% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 57% by next year, which is in a pretty sustainable range. View our latest analysis for ONE Gas Even over a long history of paying dividends, the company's distributions Show less Read more
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