Entergy Texas Declares Quarterly Dividend on Preferred Stock
The board of directors of Entergy Texas has declared a quarterly dividend of $0.336 per share on preferred stock, with a payment date set for April 15, 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.
Rhea-AI Summary
The board of directors of Entergy Texas has declared a quarterly dividend of $0.336 per share on preferred stock, with a payment date set for April 15, 2021. Shareholders of record by March 31, 2021 will be eligible for this dividend. Entergy Texas, a subsidiary of Entergy Corporation, serves around 473,000 customers across 27 counties and is part of an integrated energy company that delivers electricity to 3 million customers in total. Entergy has an impressive annual revenue of $10 billion.
Positive
- Quarterly dividend of $0.336 per share increases shareholder income.
- Scheduled dividend payment indicates company confidence and financial stability.
Negative
- None.
Details
News Market Reaction – ETR
The recorded move for ETR in the trading session of this news was +0.40%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
THE WOODLANDS, Texas, March 18, 2021 /PRNewswire/ -- The board of directors of Entergy Texas, Inc. (NYSE: ETI-PR) has declared a quarterly dividend 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 8,000 megawatts of nuclear power. Headquartered in New Orleans, Louisiana, Entergy has annual revenues of
Twitter: @EntergyTX
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SOURCE Entergy Corporation
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