Entergy Corporation Plans Quarterly Dividend of $0.64 (NYSE:ETR)

Entergy Corporation (NYSE:ETR) announced a quarterly dividend on Friday, July 31st. Investors of record on Thursday, August 13th will be paid a dividend of 0.64 per share by the utilities provider on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, August 13th.

Entergy has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 10 consecutive years. Entergy has a payout ratio of 58.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Entergy to earn $5.06 per share next year, which means the company should continue to be able to cover its $2.56 annual dividend with an expected future payout ratio of 50.6%.

Entergy Stock Performance

NYSE ETR opened at $105.45 on Tuesday. The company has a market capitalization of $49.21 billion, a price-to-earnings ratio of 27.04, a PEG ratio of 1.83 and a beta of 0.50. Entergy has a twelve month low of $86.40 and a twelve month high of $118.44. The stock has a fifty day simple moving average of $111.96 and a 200 day simple moving average of $108.91. The company has a quick ratio of 0.70, a current ratio of 0.91 and a debt-to-equity ratio of 1.73.

Entergy (NYSE:ETR) last announced its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.02. The business had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.49 billion. Entergy had a return on equity of 10.53% and a net margin of 13.40%.During the same period last year, the company earned $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Sell-side analysts expect that Entergy will post 4.4 EPS for the current year.

Entergy Company Profile

Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.