On 6 November, Atmos Energy (ADP) increased its quarterly dividend by 8.07%, from 81¢ to 87¢ per share.
The dividend will be paid on 9 December to shareholders of record on 25 November. The ex-dividend date is 25 November.
ATO’s contribution to DivGro’s projected annual dividend income will increase by $52 to $696.
I own 200 shares of ATO at an average cost basis of $89.47 per share. Following this increase, my yield on cost is 3.89%. (ATO’s forward yield is 2.45% at $141.44 per share).
Since I opened my ATO position in February 2021, the stock has produced total returns of 69%, including $1,967.50 in dividend income. That’s an outstanding annualized rate of return of 16.5%!
5-Year History of Dividend Payouts by Ex-Date
| 2019 | 2020 | 2021 | 2022 | 2023 | • | 2024 |
| $2.150 | $2.350 | $2.555 | $2.780 | $3.025 | ⬆ | $3.220✝ |
| 8.59% | 9.30% | 8.72% | 8.81% | 8.81% | ⬇ | 6.45% |
| 5-year DGR: | 8.85% | ⬇ | 8.41% | |||
✝projected, assuming no further changes