Entergy Texas declares quarterly dividend on preferred stock

Rhea-AI Summary

Entergy Texas (ETI) has announced its quarterly dividend declaration for Series A Preferred Stock holders. The company's board of directors has set the dividend payment at $0.3359375 per share. The dividend will be distributed on April 15, 2025, to shareholders who are on record as of April 3, 2025.

Positive

• Consistent quarterly dividend payment maintained
• Demonstrates company's ability to maintain shareholder returns

Negative

• None.

THE WOODLANDS, Texas, March 20, 2025 /PRNewswire/ -- The Entergy Texas, Inc. board of directors has declared a quarterly dividend payment of $0.3359375 per share on its Series A Preferred Stock. The dividend is payable April 15, 2025, to shareholders of record as of April 3, 2025.

About Entergy Texas

Entergy Texas, Inc. (NYSE: ETI-PR) 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, resilience and growth 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 Series A Preferred Stock in Q2 2025?

Entergy Texas will pay $0.3359375 per share for Series A Preferred Stock.

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

The dividend payment date is April 15, 2025.

What is the record date for Entergy Texas preferred stock dividend?

The record date is April 3, 2025.

How often does Entergy Texas pay dividends on Series A Preferred Stock?

Entergy Texas pays dividends on Series A Preferred Stock quarterly.