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Entergy Texas, Inc. (NYSE: ETI-PR) is a prominent provider of electricity, delivering power to approximately 499,000 customers across 27 counties in Texas. As a subsidiary of Entergy Corporation (NYSE: ETR), a Fortune 500 electric company, Entergy Texas plays a vital role in powering life for nearly 3 million customers through its operating companies in Arkansas, Louisiana, Mississippi, and Texas.
With over a century of operational excellence, Entergy Texas is committed to enhancing the reliability and resilience of the energy system. The company is investing substantially in infrastructure improvements and clean energy solutions to facilitate the region's transition to more efficient and sustainable energy sources. This focus on sustainability has earned Entergy national recognition as a leader in corporate responsibility and environmental stewardship.
Entergy Texas has a strong financial foundation, regularly delivering dividends to its shareholders. Recent announcements include a quarterly dividend payment of $0.3359375 per share on its Series A Preferred Stock, payable on Oct. 15, 2023, and Jan. 15, 2024, to shareholders of record as of Oct. 3, 2023, and Jan. 3, 2024, respectively.
Beyond its commitment to delivering reliable electricity, Entergy Texas is deeply rooted in the communities it serves. The company has consistently contributed over $100 million annually in economic benefits to local communities through various philanthropy, volunteerism, and advocacy initiatives since 2018. Headquartered in New Orleans, Louisiana, Entergy employs approximately 12,000 individuals dedicated to driving positive change and fostering economic growth in its service areas.
For the latest news and updates on Entergy Texas, visit the company's newsroom.
Entergy Texas (NYSE: ETI-PR) has announced a quarterly dividend payment on its Series A Preferred Stock. The dividend of $0.3359375 per share will be paid on October 15, 2024, to shareholders of record as of October 3, 2024. This declaration was made by the company's board of directors, demonstrating their commitment to providing regular returns to preferred stockholders.
Sempra Infrastructure and Entergy Texas have signed a memorandum of understanding (MOU) aimed at accelerating the deployment of renewable energy resources in Southeast Texas. The agreement focuses on developing a renewable electricity plan to enhance power supply resiliency and sustainability goals for both companies. Entergy Texas plans to invest over $2.5 billion by 2024 to promote cleaner energy solutions, including a 20-year power purchase agreement for 150 megawatts of solar energy. This MOU is part of Sempra's broader efforts to integrate renewable energy into its projects across North America.
The board of Entergy Texas, Inc. has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock. This dividend is payable on July 15, 2022, to shareholders who are on record as of July 1, 2022. Entergy Texas serves over 486,000 customers across 27 counties, and is a subsidiary of Entergy Corporation (NYSE: ETR), offering diverse energy solutions and committing to a cleaner energy future.
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