Entergy Texas declares quarterly dividend on preferred stock

Rhea-AI Summary

Entergy Texas (NYSE: ETI-PR) has announced a quarterly dividend payment on its Series A Preferred Stock. The dividend of $0.3359375 per share will be paid on October 15, 2024, to shareholders of record as of October 3, 2024. This declaration was made by the company's board of directors, demonstrating their commitment to providing regular returns to preferred stockholders.

Positive

• Consistent dividend payment to preferred stockholders
• Maintaining shareholder returns in the current economic climate

Negative

• None.

THE WOODLANDS, Texas, Sept. 19, 2024 /PRNewswire/ -- The Entergy Texas, Inc. (NYSE: ETI-PR) board of directors has declared a quarterly dividend payment of $0.3359375 per share on its Series A Preferred Stock. The dividend is payable Oct. 15, 2024, to shareholders of record as of Oct. 3, 2024.

About Entergy Texas

Entergy Texas, Inc. provides electricity to approximately 512,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation, a Fortune 500 electric company. Entergy powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. For the latest news from Entergy Texas, visit the Newsroom and connect with @EntergyTX on social media.

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SOURCE Entergy Corporation

FAQ

What is the dividend amount for Entergy Texas (ETI) Series A Preferred Stock in Q4 2024?

Entergy Texas (ETI) has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock for Q4 2024.

When is the payment date for Entergy Texas (ETI) preferred stock dividend in October 2024?

The payment date for Entergy Texas (ETI) preferred stock dividend is October 15, 2024.

What is the record date for Entergy Texas (ETI) preferred stock dividend in October 2024?

The record date for Entergy Texas (ETI) preferred stock dividend is October 3, 2024.

How often does Entergy Texas (ETI) pay dividends on its Series A Preferred Stock?

Based on the announcement of a quarterly dividend, Entergy Texas (ETI) pays dividends on its Series A Preferred Stock four times a year.