Entergy Corporation (NYSE:ETR) to Issue Quarterly Dividend of $0.64

Entergy Corporation (NYSE:ETR – Get Free Report) announced a quarterly dividend on Friday, July 31st. Stockholders of record on Thursday, August 13th will be paid a dividend of 0.64 per share by the utilities provider on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, August 13th.

Entergy has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 10 consecutive years. Entergy has a dividend payout ratio of 58.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Entergy to earn $5.06 per share next year, which means the company should continue to be able to cover its $2.56 annual dividend with an expected future payout ratio of 50.6%.

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Entergy Stock Performance

NYSE ETR opened at $105.45 on Tuesday. The business has a 50 day moving average price of $111.96 and a 200 day moving average price of $108.91. The company has a market capitalization of $49.21 billion, a P/E ratio of 27.04, a PEG ratio of 1.83 and a beta of 0.50. Entergy has a 1-year low of $86.40 and a 1-year high of $118.44. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.91 and a quick ratio of 0.70.

Entergy (NYSE:ETR – Get Free Report) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.02. Entergy had a return on equity of 10.53% and a net margin of 13.40%.The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.49 billion. During the same quarter in the prior year, the company earned $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Sell-side analysts expect that Entergy will post 4.4 EPS for the current fiscal year.

About Entergy

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Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.

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