Entergy Corporation Announces Increase in Quarterly Dividend
Entergy Corporation has declared a quarterly dividend payment of $1.01 per share, marking a $0.06 increase.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Entergy Corporation has declared a quarterly dividend payment of $1.01 per share, marking a $0.06 increase. This dividend is payable on Dec. 1, 2021, to shareholders recorded by Nov. 15, 2021. Since 1988, Entergy has consistently paid dividends to its shareholders. The company, operating in the energy sector, delivers electricity to approximately 3 million customers across Arkansas, Louisiana, Mississippi, and Texas, with annual revenues around $10 billion.
Positive
- Dividend increased by $0.06 per share to $1.01.
- Dividend payment reflects confidence in ongoing profitability.
- Consistent dividend payments since 1988.
Negative
- None.
Details
News Market Reaction – ETR
The recorded move for ETR in the trading session of this news was +0.21%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW ORLEANS, Oct. 29, 2021 /PRNewswire/ -- The board of directors of Entergy Corporation has declared a quarterly dividend payment on its common stock of
Entergy has paid a common stock dividend to shareholders continuously since 1988.
About Entergy Corporation
Entergy Corporation (NYSE: ETR) is an integrated energy company engaged in electric power production, transmission and retail distribution operations. Entergy delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy owns and operates one of the cleanest large-scale U.S. power generating fleets with approximately 30,000 megawatts of electric generating capacity, including 7,000 megawatts of nuclear power. Headquartered in New Orleans, Louisiana, Entergy has annual revenues of
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SOURCE Entergy Corporation
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