STOCK TITAN

Entergy Texas Declares Quarterly Dividend on Preferred Stock

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

The board of directors of Entergy Texas has declared a quarterly dividend of $0.336 per share on preferred stock, with a payment date set for April 15, 2021. Shareholders of record by March 31, 2021 will be eligible for this dividend. Entergy Texas, a subsidiary of Entergy Corporation, serves around 473,000 customers across 27 counties and is part of an integrated energy company that delivers electricity to 3 million customers in total. Entergy has an impressive annual revenue of $10 billion.

Positive
  • Quarterly dividend of $0.336 per share increases shareholder income.
  • Scheduled dividend payment indicates company confidence and financial stability.
Negative
  • None.

THE WOODLANDS, Texas, March 18, 2021 /PRNewswire/ -- The board of directors of Entergy Texas, Inc. (NYSE: ETI-PR) has declared a quarterly dividend of $0.336 per share of preferred stock. The payment date is April 15, 2021, to shareholders of record on March 31, 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 8,000 megawatts of nuclear power. Headquartered in New Orleans, Louisiana, Entergy has annual revenues of $10 billion and more than 13,000 employees.

entergytexas.com

facebook.com/EntergyTX

Twitter: @EntergyTX

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/entergy-texas-declares-quarterly-dividend-on-preferred-stock-301250669.html

SOURCE Entergy Corporation

FAQ

What is the dividend amount for Entergy Texas in 2021?

Entergy Texas declared a quarterly dividend of $0.336 per share.

When will Entergy Texas pay its dividend?

The dividend will be paid on April 15, 2021.

Who is eligible for the dividend from Entergy Texas?

Shareholders of record by March 31, 2021, are eligible for the dividend.

How many customers does Entergy Texas serve?

Entergy Texas provides electricity to approximately 473,000 customers.

Entergy Corporation

NYSE:ETR

ETR Rankings

ETR Latest News

ETR Stock Data

31.93B
427.82M
0.21%
94.22%
1.79%
Utilities - Regulated Electric
Electric Services
Link
United States of America
NEW ORLEANS