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On 5 November, Atmos Energy (ATO) increased its dividend by 14.94%, from 87¢ to $1.00 per share.
The dividend is payable on 8 December to shareholders of record on 24 November.
ATO's contribution to DivGro's projected annual dividend income will increase by $52 to $400.
Source: Simply Safe Dividends
I own 100 shares of ATO at an average cost basis of $89.59 per share. Following this increase, my yield on cost is 4.46%. (ATO's forward yield is 2.26% at $177.35 per share).
Since I opened my position in February 2021, the stock has delivered a total return of 113%, including $1,369.25 in dividends. That's a superb annualized rate of return of 18.1%!
ATO became DivGro's 57th Home Run stock in August 2018 when the stock doubled my original capital outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $2.350 | $2.555 | $2.780 | $3.025 | $3.285 | ⬆ | $3.610✝ |
| 9.30% | 8.72% | 8.81% | 8.81% | 8.60% | ⬆ | 9.89% |
| 5-year DGR: | 8.25% | ⬆ | 8.97% |
✝projected, assuming no further changes
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