Entergy Texas declares quarterly dividend on preferred stock

On March 21, 2022, Entergy Texas, Inc. (NYSE: ETI-PR) announced a quarterly dividend of $0.3359375 per share on its preferred stock.

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Rhea-AI Summary

On March 21, 2022, Entergy Texas, Inc. (NYSE: ETI-PR) announced a quarterly dividend of $0.3359375 per share on its preferred stock. This dividend is scheduled for payment on April 15, 2022, to shareholders of record as of March 31, 2022. Entergy Texas serves over 486,000 customers across 27 counties and is a subsidiary of Entergy Corporation (NYSE: ETR), which delivers power to 3 million families and businesses throughout the Gulf South region.

Positive

Quarterly dividend of $0.3359375 demonstrates financial stability.
Dividend payment reflects confidence in ongoing operations and profitability.

Negative

None.

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03/21/2022 - 03:08 PM

THE WOODLANDS, Texas, March 21, 2022 /PRNewswire/ -- The board of directors of Entergy Texas, Inc. (NYSE: ETI-PR) has declared a quarterly dividend payment of $0.3359375 per share of preferred stock. The dividend is payable April 15, 2022, to shareholders of record as of March 31, 2022.

About Entergy Texas

Entergy Texas, Inc. provides electricity to more than 486,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation (NYSE: ETR), a Fortune 500 company headquartered in New Orleans. Entergy powers life for 3 million families and businesses across Arkansas, Louisiana, Mississippi and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse portfolio of low-carbon and carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship and delivers more than $100 million in philanthropy and advocacy efforts to local communities each year. Our approximately 12,500 employees are dedicated to powering life today and for future generations.

View original content to download multimedia:https://www.prnewswire.com/news-releases/entergy-texas-declares-quarterly-dividend-on-preferred-stock-301507007.html

SOURCE Entergy Corporation

FAQ

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What is the dividend amount announced by Entergy Texas on March 21, 2022?

Entergy Texas announced a quarterly dividend of $0.3359375 per share on March 21, 2022.

When is the dividend payment date for Entergy Texas?

The dividend payment date for Entergy Texas is April 15, 2022.

Who is eligible for the Entergy Texas dividend payment?

Shareholders of record as of March 31, 2022, are eligible for the dividend payment.

Entergy Texas declares quarterly dividend on preferred stock