CenterPoint Energy Declares Regular Common Stock Dividend of $0.2100

Rhea-AI Summary

CenterPoint Energy's Board of Directors has declared a regular quarterly cash dividend of $0.2100 per share on the company's Common Stock. This dividend will be payable on December 12, 2024 to shareholders of record as of the close of business on November 21, 2024. The dividend represents a $0.010 increase over the previous quarter and aligns with an annual dividend of $0.81 for 2024. This increase reflects an 8% average dividend growth over the past three years, demonstrating CenterPoint Energy's commitment to delivering value to its shareholders.

Positive

• Quarterly dividend increased by $0.010 per share
• Annual dividend for 2024 set at $0.81
• 8% average dividend growth over the past three years

Negative

• None.

News Market Reaction – CNP

+1.12%

+1.12% Session move

In the trading session that priced this news, CNP gained 1.12%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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HOUSTON, Sept. 25, 2024 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2100 per share on the issued and outstanding shares of Common Stock payable on December 12, 2024 to shareholders of record at the close of business on November 21, 2024. This quarterly dividend represents a $0.010 increase over the prior quarter and aligns with an annual dividend of $0.81 for 2024 which represents an 8% average dividend increase over the past three years.

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 (CNP) new quarterly dividend amount?

CenterPoint Energy's new quarterly dividend is $0.2100 per share of Common Stock.

When will CenterPoint Energy (CNP) pay its next dividend?

CenterPoint Energy will pay its next dividend on December 12, 2024.

What is the record date for CenterPoint Energy's (CNP) upcoming dividend?

The record date for CenterPoint Energy's upcoming dividend is November 21, 2024.

How much has CenterPoint Energy (CNP) increased its dividend?

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

What is CenterPoint Energy's (CNP) projected annual dividend for 2024?

CenterPoint Energy's projected annual dividend for 2024 is $0.81 per share.