CenterPoint Energy Declares Regular Common Stock Dividend of $0.2200

Rhea-AI Summary

CenterPoint Energy (NYSE: CNP) has announced a quarterly dividend increase, declaring a regular cash dividend of $0.2200 per share on Common Stock. This represents a $0.010 increase from the previous quarter's dividend. The dividend will be payable on March 13, 2025, to shareholders of record as of February 20, 2025. The dividend growth rate aligns with the upper range of the company's previously announced 6-8% non-GAAP earnings per share growth target.

Positive

• Quarterly dividend increased by $0.010 per share
• Dividend growth aligns with high end of 6-8% EPS growth target
• Demonstrates company's financial strength and commitment to shareholder returns

Negative

• None.

News Market Reaction

+0.41%

1 alert

+0.41% News Effect

On the day this news was published, CNP gained 0.41%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, Dec. 13, 2024 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2200 per share on the issued and outstanding shares of Common Stock payable on March 13, 2025 to shareholders of record at the close of business on February 20, 2025. This quarterly dividend represents a $0.010 increase over the prior quarter. This dividend growth rate aligns with the high end of the company's previously announced 6-8% non-GAAP earnings per share growth target.

About CenterPoint Energy, Inc.
As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. With approximately 9,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information, contact: 
Communications
Media.Relations@CenterPointEnergy.com 

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SOURCE CenterPoint Energy, Inc

FAQ

What is CenterPoint Energy's new quarterly dividend amount for 2025?

CenterPoint Energy's new quarterly dividend is $0.2200 per share, representing a $0.010 increase from the previous quarter.

When is CNP's next dividend payment date?

CenterPoint Energy's next dividend payment date is March 13, 2025, for shareholders of record as of February 20, 2025.

How much did CenterPoint Energy (CNP) increase its dividend?

CenterPoint Energy increased its quarterly dividend by $0.010 per share.

What is CenterPoint Energy's (CNP) earnings per share growth target?

CenterPoint Energy has announced a 6-8% non-GAAP earnings per share growth target.

What is the record date for CNP's March 2025 dividend?

The record date for CenterPoint Energy's March 2025 dividend is February 20, 2025.