Entergy Texas Declares Quarterly Dividend on Preferred Stock
The board of directors of Entergy Texas (NYSE: ETI-PR) has declared a quarterly dividend of $0.336 per share on its preferred stock.
Sentiment and the balance of points
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Rhea-AI Summary
The board of directors of Entergy Texas (NYSE: ETI-PR) has declared a quarterly dividend of $0.336 per share on its preferred stock. This dividend will be payable on July 15, 2021, to shareholders of record as of July 1, 2021. Entergy Texas serves approximately 473,000 customers across 27 counties and is a subsidiary of Entergy Corporation, which operates one of the cleanest large-scale power generating fleets in the U.S.
Positive
- Quarterly dividend of $0.336 declared, enhancing shareholder income.
- Dividend payment demonstrates company’s confidence in financial stability.
Negative
- None.
Details
News Market Reaction – ETR
The recorded move for ETR in the trading session of this news was +1.06%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
THE WOODLANDS, Texas, June 21, 2021 /PRNewswire/ -- The board of directors of Entergy Texas, Inc. (NYSE: ETI-PR) has declared a quarterly dividend payment of
About Entergy Texas
Entergy Texas, Inc. provides electricity to approximately 473,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation (NYSE: ETR), 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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