Entergy Texas declares quarterly dividend on preferred stock

Rhea-AI Summary

The board of directors of Entergy Texas has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock. This dividend will be payable on April 15, 2023, to shareholders of record as of April 4, 2023. Entergy Texas serves nearly 500,000 customers across 27 counties and is part of Entergy Corporation, which provides energy to 3 million customers in the U.S. Entergy is recognized for its commitment to sustainability and has contributed over $100 million annually to local communities since 2018.

Positive

• Quarterly dividend of $0.3359375 demonstrates financial stability.
• Serves nearly 500,000 customers, indicating a strong market presence.
• Part of Entergy Corporation, a Fortune 500 company, enhancing credibility.

Negative

• None.

THE WOODLANDS, Texas, March 24, 2023 /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 April 15, 2023, to shareholders of record as of April 4, 2023.

About Entergy Texas

Entergy Texas, Inc. (NYSE: ETI-PR) provides electricity to nearly 500,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation (NYSE: ETR), a Fortune 500 electric company. Entergy is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. For the latest news from Entergy, visit the Newsroom.

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SOURCE Entergy Corporation

FAQ

What is the dividend amount for Entergy Texas in 2023?

The dividend amount declared by Entergy Texas is $0.3359375 per share.

When is the dividend payable for ETR, ETI.PR, ETI-PR?

The dividend is payable on April 15, 2023.

What is the record date for the dividend payment for ETI.PR?

The record date for the dividend payment is April 4, 2023.

How many customers does Entergy Texas serve?

Entergy Texas serves nearly 500,000 customers.