The country’s largest fully-regulated, natural-gas-only distributor Atmos Energy (ATO) will raise its quarterly dividend by 7.8 percent to $0.485 per share in the fourth quarter of 2017. The new dividend yield for ATO is 2.2%.

The new dividend will be paid on December 11, 2017 to shareholders of record on November 27, 2017. The new dividend yield for ATO is 2.2%.

Atmos Energy Corporation, headquartered in Dallas, is a natural-gas-only distributor. Atmos Energy serves distribution customers in communities across eight states and manages proprietary pipeline and storage assets, including one of the largest intrastate natural gas pipeline systems in Texas. Atmos Energy’s history dates back to 1906 in the Panhandle of Texas. The company became known as Pioneer Corporation and in 1983, Energas, the natural gas distribution division of Pioneer, was spun off and later renamed to Atmos Energy.