Entergy Texas Declares Quarterly Dividend on Preferred Stock

Rhea-AI Summary

The board of directors of Entergy Texas has declared a quarterly dividend of $0.336 per share on preferred stock, payable on October 15, 2021. Shareholders of record as of October 1, 2021 will receive this payment. Entergy Texas serves approximately 473,000 customers across 27 counties and is a subsidiary of Entergy Corporation, which has annual revenues of $10 billion. The company operates a clean power generating fleet, including 7,000 megawatts of nuclear power, contributing to its strong market position.

Positive

• Quarterly dividend of $0.336 per share declared.
• Dividend to be paid to record shareholders on October 15, 2021.
• Entergy Texas serves approximately 473,000 customers, indicating a solid customer base.

Negative

• None.

THE WOODLANDS, Texas, Sept. 21, 2021 /PRNewswire/ -- The board of directors of Entergy Texas, Inc. (NYSE: ETI-PR) has declared a quarterly dividend payment of $0.336 per share of preferred stock. The dividend is payable Oct. 15, 2021, to shareholders of record as of Oct. 1, 2021.

About Entergy Texas
Entergy Texas, Inc. provides electricity to approximately 473,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation (NYSE: ETR), an integrated energy company engaged in electric power production, transmission and retail distribution operations. Entergy delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy owns and operates one of the cleanest large-scale U.S. power generating fleets with approximately 30,000 megawatts of electric generating capacity, including 7,000 megawatts of nuclear power. Headquartered in New Orleans, Louisiana, Entergy has annual revenues of $10 billion and approximately 12,500 employees.

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SOURCE Entergy Corporation

FAQ

What is the dividend amount declared by Entergy Texas?

Entergy Texas has declared a quarterly dividend of $0.336 per share on preferred stock.

When will the dividend be paid to shareholders of Entergy Texas?

The dividend will be payable on October 15, 2021.

Who is eligible to receive the Entergy Texas dividend?

Shareholders of record as of October 1, 2021, are eligible to receive the dividend.