CenterPoint Energy declares regular Common Stock dividend of $0.1900 and Series A Preferred Stock dividend of $30.6250

Rhea-AI Summary

CenterPoint Energy, Inc. (NYSE: CNP) announced a quarterly cash dividend of $0.1900 per share on Common Stock, a $0.01 increase from the previous quarter, effective for shareholders of record by February 16, 2023, payable on March 9, 2023. The new dividend reflects a 9% annual growth rate compared to 2022. Additionally, a semiannual cash dividend of $30.6250 on Series A Preferred Stock was declared, payable on March 1, 2023, for shareholders of record by February 15, 2023.

Positive

• Quarterly dividend increased to $0.1900 per share, supporting investor income.
• Annual dividend growth rate of 9% compared to 2022 reflects company confidence.

Negative

• None.

HOUSTON, Dec. 15, 2022 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its Common Stock and Series A Perpetual Preferred Stock.

Common Stock Dividend

The company's board of directors declared a regular quarterly cash dividend of $0.1900 per share on the issued and outstanding shares of Common Stock payable on March 9, 2023 to shareholders of record at the close of business on February 16, 2023. This quarterly dividend represents a $0.01 increase over the prior quarter and aligns with an annual dividend growth rate of 9% when compared to dividends paid in 2022.

Series A Preferred Stock Dividend

The company's board of directors declared a regular semiannual cash dividend of $30.6250 per share on the issued and outstanding shares of Series A Preferred Stock payable March 1, 2023 to shareholders of Series A Preferred Stock of record at the close of business on February 15, 2023.

About CenterPoint Energy

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. As of September 30, 2022, the company owned approximately $35 billion in assets. With approximately 8,900 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
Media:
Communications
Media.Relations@CenterPointEnergy.com
Investors:
Investor_Relations@CenterPointEnergy.com

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SOURCE CenterPoint Energy, Inc.

FAQ

What is the common stock dividend amount for CNP?

CenterPoint Energy declared a common stock dividend of $0.1900 per share.

When will the CNP common stock dividend be paid?

The common stock dividend will be payable on March 9, 2023.

What is the record date for the CNP common stock dividend?

The record date for the common stock dividend is February 16, 2023.

What is the dividend amount for CNP Series A Preferred Stock?

The Series A Preferred Stock dividend is $30.6250 per share.

When is the payment date for the CNP Series A Preferred Stock dividend?

The Series A Preferred Stock dividend will be paid on March 1, 2023.

When is the record date for the CNP Series A Preferred Stock dividend?

The record date for the Series A Preferred Stock dividend is February 15, 2023.