Entergy announces increase in quarterly dividend

Rhea-AI Summary

Entergy's board of directors has declared a quarterly dividend of $1.07 per share, marking a 6% increase from the previous $1.01 per share. The new dividend will be paid on December 1, 2022, to shareholders recorded by November 14, 2022. This continuation of cash dividends reflects Entergy's commitment to returning value to its investors, having consistently paid dividends since 1988.

Positive

• Quarterly dividend raised to $1.07 per share.
• Consistent dividend payments since 1988.
• Demonstrates company confidence and commitment to shareholders.

Negative

• None.

Company raises quarterly payment to shareholders by 6%

NEW ORLEANS, Oct. 28, 2022 /PRNewswire/ -- Entergy's board of directors today declared a quarterly dividend payment of $1.07 per share, an increase of $0.06 per share, on the company's common stock. The dividend is payable Dec. 1, 2022, to shareholders of record as of Nov. 14, 2022.

Entergy has paid shareholders a cash dividend on its common stock continuously since 1988.

About Entergy

Entergy (NYSE: ETR), a Fortune 500 company headquartered in New Orleans, powers life for 3 million customers through its operating companies across Arkansas, Louisiana, Mississippi and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse power generation portfolio, including increasingly carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, delivering more than $100 million in economic benefits to local communities through philanthropy and advocacy efforts annually over the last several years. Our approximately 12,000 employees are dedicated to powering life today and for future generations. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife

 

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SOURCE Entergy Corporation

FAQ

What is Entergy's new quarterly dividend amount as of October 2022?

Entergy's new quarterly dividend amount is $1.07 per share.

When will Entergy's dividend be paid to shareholders?

The dividend will be paid on December 1, 2022.

What was the percentage increase in Entergy's dividend?

The dividend was increased by 6%.

What is the record date for Entergy's dividend payment?

The record date for the dividend payment is November 14, 2022.

How long has Entergy been paying dividends to shareholders?

Entergy has been paying dividends continuously since 1988.