Entergy Texas declares quarterly dividend on preferred stock

Rhea-AI Summary

Entergy Texas has announced a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock.

This dividend will be paid on July 15, 2024, to shareholders who are on record as of July 3, 2024.

Positive

• Declared dividend of $0.3359375 per share indicates consistent return to shareholders.

Negative

• None.

News Market Reaction

+0.23%

1 alert

+0.23% News Effect

On the day this news was published, ETR gained 0.23%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

THE WOODLANDS, Texas, June 20, 2024 /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, 2024, to shareholders of record as of July 3, 2024.

About Entergy Texas

Entergy Texas, Inc. provides electricity to approximately 512,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation, a Fortune 500 electric company. Entergy powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. For the latest news from Entergy Texas, visit the Newsroom and connect with @EntergyTX on social media.

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SOURCE Entergy Corporation

FAQ

What is the dividend amount declared by Entergy Texas (ETR) on June 20, 2024?

Entergy Texas declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock.

When will Entergy Texas (ETR) pay the declared dividend?

Entergy Texas will pay the declared dividend on July 15, 2024.

Who are eligible to receive the declared dividend by Entergy Texas (ETR)?

Shareholders of record as of July 3, 2024, are eligible to receive the declared dividend.