Atmos Energy has raised its dividend for 42 consecutive years, placing it among utilities with the longest dividend growth streaks alongside Consolidated Edison and NextEra Energy. The gas utility currently offers a forward yield of nearly 2.5%. The company's latest dividend increase, implemented last autumn, raised quarterly payouts from $0.87 per share to $1 per share — nearly 15%. During the June quarter, Atmos reported revenue growth of 4.8% and earnings per share growth of 12.8%. Atmos benefits from a favourable regulatory regime in Texas, its largest market, which allows quick implementation of price increases. Management has guided to 6%–8% earnings per share growth moving forward. With a forward payout ratio just under 45%, the company has room for dividend increases that outpace earnings growth. However, at around 18 times forward earnings, Atmos trades at the upper end of the valuation range for gas utility stocks.

citybiz+ CivilGrid raises $26M Series A to build 'google Maps for underground' August 31, 2026 CivilGrid, a civil design platform whose founder Josh Mackanic says he is building the "Google Maps for the underground," has closed a $26 million Series A led by Spark Capital, with participation from Energy Impact Partners, Afore Capital, A*, Ford Street Ventures, and SNR Ventures. The San Francisco startup consolidates site data into a collaborative map of underground assets and conditions with design workflows to enable builders to deliver safe and affordable projects. CivilGrid team during a meeting in its Kansas City office. (Courtesy: CivilGrid) CivilGrid, a civil design platform whose founder Josh Mackanic says he is building the "Google Maps for the underground," has closed a $26 million Series A led by Spark Capital, with participation from Energy Impact Partners, Afore Capital, A*, Ford Street Ventures, and SNR Ventures. The San Francisco startup consolidates site data into a collaborative map of underground assets and conditions, with design workflows to enable builders to deliver safe and affordable projects. CivilGrid's early customers include Pacific Gas and Electric Company (PG&E), Atmos Energy, California consulting firm Mark Thomas, and GHD. "America is entering a once-in-a-generation period of infrastructure renewal with experts calling for over $3.7 trillion in investment," said Mackanic, who has a BS degree in Mechanical Engineering from UC Berkeley and an MBA from the Wharton School. His work experience includes PG&E, and real estate firm Cushman & Wakefield. Legacy data and antiquated systems cause teams to build with incomplete site data and disconnected workflows, CivilGrid said, leading to 200,000 utility strikes annually in the United States, in addition to slowing projects and raising costs. Damages range from cutting water service for entire communities to rupturing natural gas lines that endanger lives. These mistakes reportedly cost the industry $30 billion annually in delays, rework, and emergency response. CivilGrid, Mackanic said, gives cross-functional teams at leading utilities the confidence they need to plan effectively, reduce risk, and deliver projects affordably. Site data the company maps include utility assets, municipal projects, environmental regulations, and land ownership. "CivilGrid isn't just improving preconstruction workflows, it is establishing a new standard for how America builds," said Alex Finkelstein, partner at Spark Capital. "Every major capital investment trend right now - AI data centers, defense infrastructure, grid modernization, affordable housing - requires flawless execution in the physical world." Christine Cowsert, senior vice president of Enterprise Business and Technology Modernization at PG&E, said the deployment of CivilGrid helped the utility save over $60 million, 40% reduction in field research and survey activities and up to four months savings in project scoping, planning, and design timelines

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