Entergy Corporation Announces Quarterly Dividend Payment to Shareholders

Rhea-AI Summary

Entergy Corporation (NYSE: ETR) has announced a quarterly dividend payment of $0.95 per share, set to be paid on March 1, 2021, to shareholders on record as of February 12, 2021. This marks a consistent dividend payment track record since 1988. Entergy operates power plants with approximately 30,000 megawatts of generating capacity, including 8,000 megawatts from nuclear sources. The company serves 2.9 million utility customers across Arkansas, Louisiana, Mississippi, and Texas, generating around $11 billion in annual revenue.

Positive

• Quarterly dividend of $0.95 per share enhances shareholder income.
• Continuous dividend payments since 1988 demonstrate company stability.

Negative

• None.

NEW ORLEANS, Jan. 29, 2021 /PRNewswire/ -- The board of directors of Entergy Corporation (NYSE: ETR) has declared a quarterly dividend payment of $0.95 per share on the company's common stock. The dividend is payable March 1, 2021, to shareholders of record as of Feb. 12, 2021.

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 announced by Entergy Corporation (ETR)?

Entergy Corporation announced a quarterly dividend payment of $0.95 per share.

When will the dividend be paid to shareholders of Entergy Corporation (ETR)?

The dividend will be paid on March 1, 2021, to shareholders of record as of February 12, 2021.

How long has Entergy Corporation (ETR) been paying dividends?

Entergy Corporation has been paying dividends continuously since 1988.

What is the annual revenue of Entergy Corporation (ETR)?

Entergy Corporation generates approximately $11 billion in annual revenue.

How many utility customers does Entergy Corporation (ETR) serve?

Entergy Corporation serves around 2.9 million utility customers.