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Entergy Corporation Announces Quarterly Dividend Payment to Shareholders

Entergy Corporation (NYSE: ETR) has announced a quarterly dividend payment of $0.95 per share, set to be paid on March 1, 2021, to shareholders on record as of February 12, 2021.

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.

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Rhea-AI Summary

Entergy Corporation (NYSE: ETR) has announced a quarterly dividend payment of $0.95 per share, set to be paid on March 1, 2021, to shareholders on record as of February 12, 2021. This marks a consistent dividend payment track record since 1988. Entergy operates power plants with approximately 30,000 megawatts of generating capacity, including 8,000 megawatts from nuclear sources. The company serves 2.9 million utility customers across Arkansas, Louisiana, Mississippi, and Texas, generating around $11 billion in annual revenue.

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Positive

  • Quarterly dividend of $0.95 per share enhances shareholder income.
  • Continuous dividend payments since 1988 demonstrate company stability.

Negative

  • None.
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-0.56% session move Open Argus
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News Market Reaction – ETR

The recorded move for ETR in the trading session of this news was -0.56%.

Data tracked by StockTitan Argus. Session date unavailable.

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NEW ORLEANS, Jan. 29, 2021 /PRNewswire/ -- The board of directors of Entergy Corporation (NYSE: ETR) has declared a quarterly dividend payment of $0.95 per share on the company's common stock. The dividend is payable March 1, 2021, to shareholders of record as of Feb. 12, 2021.

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.

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SOURCE Entergy Corporation

FAQ

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

What is the dividend amount announced by Entergy Corporation (ETR)?

Entergy Corporation announced a quarterly dividend payment of $0.95 per share.

When will the dividend be paid to shareholders of Entergy Corporation (ETR)?

The dividend will be paid on March 1, 2021, to shareholders of record as of February 12, 2021.

How long has Entergy Corporation (ETR) been paying dividends?

Entergy Corporation has been paying dividends continuously since 1988.

What is the annual revenue of Entergy Corporation (ETR)?

Entergy Corporation generates approximately $11 billion in annual revenue.

How many utility customers does Entergy Corporation (ETR) serve?

Entergy Corporation serves around 2.9 million utility customers.

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