Entergy Corporation (ETR) to Issue Quarterly Dividend of $0.64 on September 1st

Entergy Corporation (NYSE:ETR) announced a quarterly dividend on Friday, July 31st. Investors of record on Thursday, August 13th will be given 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 raised 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 dividend payout ratio of 58.9% meaning its dividend is sufficiently covered by earnings. Research 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 Price Performance

Shares of ETR stock opened at $105.45 on Tuesday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.70 and a current ratio of 0.91. Entergy has a fifty-two week low of $86.40 and a fifty-two week high of $118.44. The firm has a market cap of $49.21 billion, a P/E ratio of 27.04, a P/E/G ratio of 1.83 and a beta of 0.50. The business’s 50 day moving average price is $111.96 and its 200-day moving average price is $108.91.

Entergy (NYSE:ETR) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.02. Entergy had a net margin of 13.40% and a return on equity of 10.53%. The business had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.49 billion. During the same quarter in the previous year, the business posted $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, equities research analysts anticipate that Entergy will post 4.4 earnings per share 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.