Entergy Texas declares quarterly dividend on preferred stock

Rhea-AI Summary

Entergy Texas, Inc. has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock. The dividend distribution will be made on January 15, 2023, to shareholders who are on record as of January 3, 2023. Entergy Texas, a subsidiary of Entergy Corporation, serves over 486,000 customers across 27 counties, emphasizing its commitment to a cleaner energy future with a diverse portfolio that includes carbon-free sources.

Positive

• Quarterly dividend of $0.3359375 enhances shareholder value.
• Affirmation of dividend signals company confidence.

Negative

• None.

THE WOODLANDS, Texas, Dec. 20, 2022 /PRNewswire/ -- The Entergy Texas, Inc. board of directors has declared a quarterly dividend payment of $0.3359375 per share on its Series A Preferred Stock. The dividend is payable Jan. 15, 2023, to shareholders of record as of Jan. 3, 2023.

About Entergy Texas

Entergy Texas, Inc. (NYSE: ETI-PR) provides electricity to more than 486,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation (NYSE: ETR), a Fortune 500 company headquartered in New Orleans. Entergy 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.

 

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SOURCE Entergy Corporation

FAQ

What is the dividend amount declared by Entergy Texas?

Entergy Texas declared a quarterly dividend of $0.3359375 per share.

When is the dividend payment date for Entergy Texas?

The dividend payment date is January 15, 2023.

What is the record date for the Entergy Texas dividend?

The record date for the dividend is January 3, 2023.

How many customers does Entergy Texas serve?

Entergy Texas serves over 486,000 customers.

What is Entergy Corporation's relation to Entergy Texas?

Entergy Texas is a subsidiary of Entergy Corporation.