Entergy announces quarterly dividend payment to shareholders
Rhea-AI Summary
Entergy (ETR) has announced a quarterly dividend payment of $1.13 per share on its common stock. The dividend will be paid on Sept. 3, 2024, to shareholders of record as of Aug. 13, 2024. This announcement continues Entergy's long-standing tradition of providing consistent returns to its shareholders, as the company has maintained uninterrupted dividend payments since 1988. The declaration of this dividend by Entergy's board of directors demonstrates the company's commitment to delivering value to its investors and reflects confidence in its financial stability.
Positive
- Consistent dividend payment of $1.13 per share
- Uninterrupted dividend payments since 1988
- Demonstrates financial stability and shareholder value focus
Negative
- None.
News Market Reaction
On the day this news was published, ETR gained 1.98%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
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SOURCE Entergy Corporation