Atmos Energy Corp (NYSE:ATO)

CAPS Rating: 5 out of 5

The Company is engaged primarily in the natural gas utility business as well as other natural gas nonutility businesses.


Player Avatar stjoe56 (83.66) Submitted: 12/14/2006 7:37:01 PM : Underperform Start Price: $22.85 ATO Score: -84.50

Company recently sold stock to pay back debt. Debt could have easily been paid back by cutting back or eliminating the dividend.

Dividend growth has been anemic: $.02 a year for the past 7 years.

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Member Avatar slowandsure111 (< 20) Submitted: 11/7/2008 4:31:06 PM
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Kind of hard to short a stock that shows an "anemic" 4% earnings growth and $.02 dividend growth year after year and transports most of the gas out of the Barnett Shale, isn't it?By the way, how are your other investments?

Member Avatar MichaelinPV (< 20) Submitted: 8/23/2010 10:36:18 AM
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I suspect that, like me, a great number of ATO owners are in because of the stable and growing dividend. A cut back in the dividend to pay down debt would have driven lots of investors out of the stock, dropping the price. Notice the debt increase did not do that. Have been in this stock for years and love the fact that my dividends keep increasing while the stock price has been range bound, thereby increasing my share count and my dividend.

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