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

Entergy Corporation (NYSE:ETR) announced a quarterly dividend on Friday, July 31st. Shareholders 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) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, August 13th.

Entergy has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 10 years. Entergy has a payout ratio of 58.9% indicating that its dividend is sufficiently covered by earnings. Equities 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

NYSE:ETR 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. The company has a 50-day moving average of $111.96 and a 200-day moving average of $108.91. Entergy has a 52 week low of $86.40 and a 52 week high of $118.44. 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 (NYSE:ETR) last posted its quarterly 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. Entergy had a net margin of 13.40% and a return on equity of 10.53%. The firm had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.49 billion. During the same quarter in the prior year, the business posted $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities research analysts anticipate that Entergy will post 4.4 earnings per share for the current fiscal 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.