This Quiet Utility Has a Multi-Decade Dividend Growth Streak -- Here's Why Almost Nobody Talks About It
Atmos Energy (ATO), a gas utility, has raised its dividend for 42 consecutive years, with recent increases averaging 9-10%. It reported Q2 revenue and EPS growth of 4.8% and 12.8%, respectively. The company benefits from a regulatory regime in Texas allowing quick price hikes, guiding to 6-8% EPS growth. ATO trades at 18 times forward earnings, with a forward yield of 2.5%.



