Entergy Announces Quarterly Dividend Payment to Shareholders

Rhea-AI Summary

Entergy Corporation (NYSE: ETR) announced a quarterly dividend of $0.93 per share, payable on September 1, 2020, to shareholders of record by August 13, 2020. Entergy has consistently paid dividends since 1988, reflecting its commitment to shareholder returns. The company operates with an electric generating capacity of approximately 30,000 megawatts, including 8,000 megawatts from nuclear power. With annual revenues of $11 billion, Entergy serves 2.9 million customers across Arkansas, Louisiana, Mississippi, and Texas.

Positive

• Quarterly dividend of $0.93 per share announced.
• Consistent dividend payments since 1988.
• Annual revenues of $11 billion indicate stable financial performance.
• Significant electric generating capacity of 30,000 megawatts boosts confidence.

Negative

• None.

NEW ORLEANS, July 31, 2020 /PRNewswire/ -- The board of directors of Entergy Corporation (NYSE: ETR) has approved a quarterly dividend payment of $0.93 per share on the company's common stock. The dividend is payable Sept. 1, 2020, to shareholders of record as of Aug. 13, 2020.

Entergy has paid a common stock dividend to shareholders continuously since 1988.

About Entergy Corporation

Entergy Corporation (NYSE: ETR) is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including 8,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of $11 billion and approximately 13,600 employees.

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SOURCE Entergy Corporation

FAQ

What is the dividend amount for Entergy Corporation (ETR)?

Entergy Corporation has announced a quarterly dividend of $0.93 per share.

When is the dividend payment date for ETR shareholders?

The dividend payment date for Entergy Corporation is September 1, 2020.

What is the record date for the dividend payment of ETR?

The record date for the dividend payment is August 13, 2020.

How long has Entergy been paying dividends?

Entergy Corporation has been paying dividends continuously since 1988.

What are the annual revenues of Entergy Corporation?

Entergy Corporation has annual revenues of $11 billion.