Entergy announces quarterly dividend payment to shareholders

Rhea-AI Summary

Entergy (ETR) Declares $1.07 Quarterly Dividend Payment, Continues 35-Year Dividend Streak

Positive

• Entergy's consistent dividend payments demonstrate financial stability and commitment to shareholders.
• The $1.07 per share dividend reflects a strong financial position and positive outlook for the company.

Negative

• None.

NEW ORLEANS, July 28, 2023 /PRNewswire/ -- Entergy's board of directors today declared a quarterly dividend payment of $1.07 per share on the company's common stock. The dividend is payable Sept. 1, 2023, to shareholders of record as of Aug. 11, 2023.

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

About Entergy

Entergy (NYSE: ETR) is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife

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SOURCE Entergy Corporation

FAQ

What is the dividend payment declared by Entergy?

Entergy declared a quarterly dividend payment of $1.07 per share on its common stock.

When is the dividend payable to shareholders?

The dividend is payable on Sept. 1, 2023.

How long has Entergy been paying dividends to its shareholders?

Entergy has continuously paid cash dividends on its common stock since 1988.