Atmos Energy Corporation

NYSE ATO

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Atmos Energy Corporation Cash Dividend Coverage Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 51.14%

Atmos Energy Corporation Cash Dividend Coverage Ratio 2 year CAGR is 51.14% for the Trailing 12 Months (TTM) ending March 31, 2024. The cash dividend coverage ratio assesses a company's ability to cover its dividend payments with its operating cash flow. It is calculated by dividing operating cash flow by dividends paid. This ratio indicates the company's capacity to generate sufficient cash flow to support dividend distributions. A ratio greater than 1 indicates a healthy coverage of dividends, while a ratio less than 1 suggests potential challenges in meeting dividend obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Atmos Energy Corporation Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 7.70, a 186.68% change year over year.
Atmos Energy Corporation Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 2.69, a 191.58% change year over year.
Atmos Energy Corporation Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was -2.93, a -175.43% change year over year.
Atmos Energy Corporation Cash Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 3.89, a -3.45% change year over year.

NYSE: ATO

Atmos Energy Corporation

CEO	Mr. John Kevin Akers
IPO Date	Jan. 1, 1987
Location	United States
Headquarters	1800 Three Lincoln Centre, Dallas, TX, United States, 75240
Employees	5,019
Sector	Utilities
Industry	Utilities - regulated gas

Description

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.3 million residential, commercial, public authority, and industrial customers; and owned 73,689 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,645 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.

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