Entergy Corporation Announces Increase in Quarterly Dividend

Entergy Corporation (NYSE: ETR) has announced a quarterly dividend increase to $0.95 per share, up by $0.02.

(Low)

(Neutral)How Sentiment works

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.

How Sentiment works How the balance works

Rhea-AI Summary

Entergy Corporation (NYSE: ETR) has announced a quarterly dividend increase to $0.95 per share, up by $0.02. The dividend will be payable on Dec. 1, 2020, to shareholders on record as of Nov. 12, 2020. This marks a continuation of dividend payments since 1988. Entergy serves 2.9 million utility customers across Arkansas, Louisiana, Mississippi, and Texas, with annual revenues of $11 billion and a generating capacity of approximately 30,000 megawatts.

Positive

Quarterly dividend increased to $0.95, enhancing shareholder income.
Continuous dividend payments since 1988 demonstrate financial stability.

Negative

None.

Argus Session date unavailable

-0.26% session move Open Argus

Details

News Market Reaction – ETR

The recorded move for ETR in the trading session of this news was -0.26%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

10/30/2020 - 02:01 PM

NEW ORLEANS, Oct. 30, 2020 /PRNewswire/ -- The board of directors of Entergy Corporation (NYSE: ETR) has declared a quarterly dividend payment on its common stock of $0.95, an increase of $0.02 per share. The dividend is payable Dec. 1, 2020, to shareholders of record as of Nov. 12, 2020.

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 primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including 8,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of $11 billion and approximately 13,600 employees.

entergy.com
facebook.com/Entergy
Twitter: @Entergy

View original content to download multimedia:http://www.prnewswire.com/news-releases/entergy-corporation-announces-increase-in-quarterly-dividend-301164037.html

SOURCE Entergy Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Entergy Corporation's latest dividend payment amount?

Entergy Corporation has declared a quarterly dividend of $0.95 per share.

When will the dividend be paid to shareholders?

The dividend is payable on December 1, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is November 12, 2020.

How long has Entergy Corporation been paying dividends?

Entergy Corporation has paid dividends continuously since 1988.

What is Entergy Corporation's annual revenue?

Entergy Corporation has annual revenues of $11 billion.

Keep reading

More on ETR

All ETR news

Trending in the feed

ORCL

Oracle Announces $10 Million Partnership with the Nashville Symphony Open the live feed