Evergy Inc. (NASDAQ:EVRG – Get Free Report) declared a quarterly dividend on Friday, July 31st. Shareholders of record on Tuesday, August 18th will be paid a dividend of 0.695 per share on Friday, September 18th. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, August 18th.
Evergy has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 20 years. Evergy has a dividend payout ratio of 65.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Evergy to earn $4.55 per share next year, which means the company should continue to be able to cover its $2.78 annual dividend with an expected future payout ratio of 61.1%.
Evergy Stock Performance
EVRG opened at $84.03 on Friday. The firm has a market cap of $19.37 billion, a P/E ratio of 21.33, a PEG ratio of 2.18 and a beta of 0.54. Evergy has a 1-year low of $70.42 and a 1-year high of $88.62. The company has a 50 day simple moving average of $84.74 and a two-hundred day simple moving average of $82.60. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.36 and a quick ratio of 0.21.
About Evergy
Evergy, Inc is a regulated electric utility that generates, transmits and distributes electricity to residential, commercial and industrial customers primarily across Kansas and western Missouri. The company provides core utility services including retail electric delivery, grid operations, customer service and outage restoration, operating under state regulatory frameworks. Evergy serves a mix of urban and rural communities, including portions of the Kansas City metropolitan area and other population centers in its service territory.
The company’s business activities span power generation, system planning, transmission and distribution infrastructure, and customer-facing programs such as energy efficiency and demand-side management.
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