Entergy announces increase in quarterly dividend payment to shareholders

Rhea-AI Summary

Entergy has announced a quarterly dividend increase of $0.07 per share, bringing the total dividend payment to $1.20 per share. The dividend will be paid on December 2, 2024, to shareholders of record as of November 13, 2024. The company highlights its consistent track record of paying cash dividends to shareholders continuously since 1988.

Positive

• Dividend increase of $0.07 per share to $1.20 quarterly
• 36-year track record of continuous dividend payments since 1988
• 6.2% dividend increase from previous payment

Negative

• None.

News Market Reaction

-1.52%

1 alert

-1.52% News Effect

On the day this news was published, ETR declined 1.52%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW ORLEANS, Oct. 25, 2024 /PRNewswire/ -- Entergy's board of directors today declared a quarterly dividend payment of $1.20 per share, an increase of $0.07 per share, on the company's common stock. The dividend is payable Dec. 2, 2024, to shareholders of record as of Nov. 13, 2024.

Entergy has paid shareholders a cash dividend on its common stock continuously since 1988.

About Entergy

Entergy (NYSE: ETR) is a Fortune 500 company that 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. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife

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SOURCE Entergy Corporation

FAQ

What is Entergy's new quarterly dividend amount for 2024?

Entergy's new quarterly dividend amount is $1.20 per share, representing an increase of $0.07 per share.

When is Entergy's next dividend payment date in 2024?

Entergy's next dividend payment is scheduled for December 2, 2024, for shareholders of record as of November 13, 2024.

How long has Entergy been paying continuous dividends?

Entergy has maintained a continuous record of paying cash dividends to shareholders since 1988, spanning over 36 years.

What is the dividend increase amount for Entergy (ETR) in 2024?

Entergy increased its quarterly dividend by $0.07 per share in 2024.