Entergy Texas declares quarterly dividend on preferred stock

The board of Entergy Texas, Inc. has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(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

The board of Entergy Texas, Inc. has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock. This dividend is payable on July 15, 2022, to shareholders who are on record as of July 1, 2022. Entergy Texas serves over 486,000 customers across 27 counties, and is a subsidiary of Entergy Corporation (NYSE: ETR), offering diverse energy solutions and committing to a cleaner energy future.

Positive

Quarterly dividend of $0.3359375 per share enhances shareholder income.
Strong customer base of over 486,000 across 27 counties demonstrates market stability.

Negative

None.

Argus Session date unavailable

+2.19% session move Open Argus

Details

News Market Reaction – ETR

The recorded move for ETR in the trading session of this news was +2.19%.

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

06/21/2022 - 01:53 PM EDT

THE WOODLANDS, Texas, June 21, 2022 /PRNewswire/ -- The Entergy Texas, Inc. board of directors has declared a quarterly dividend payment of $0.3359375 per share on its Series A Preferred Stock. The dividend is payable July 15, 2022, to shareholders of record as of July 1, 2022.

About Entergy Texas

Entergy Texas, Inc. (NYSE: ETI-PR) 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 customers through its operating companies across Arkansas, Louisiana, Mississippi and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse power generation portfolio, including increasingly carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, delivering more than $100 million in economic benefits to local communities through philanthropy and advocacy efforts annually over the last several years. 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-301572334.html

SOURCE Entergy Corporation

FAQ

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

What is the dividend amount declared by Entergy Texas?

Entergy Texas declared a quarterly dividend of $0.3359375 per share.

When is the dividend payable?

The dividend is payable on July 15, 2022.

What is the record date for the dividend?

The record date for the dividend is July 1, 2022.

Which stock symbol is associated with Entergy Texas?

Entergy Texas is associated with the stock symbol ETI-PR.

Keep reading

Trending in the feed

MERC

Mercer International Announces Comprehensive Recapitalization Agreement with Significant Support from Noteholders and Shareholders Open the live feed