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

Entergy Corporation (NYSE:ETR) declared a quarterly dividend on Monday, April 6th. Shareholders of record on Friday, May 1st will be given a dividend of 0.64 per share by the utilities provider on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 1st.

Entergy has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 10 years. Entergy has a dividend payout ratio of 58.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Entergy to earn $4.30 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 59.5%.

Entergy Trading Down 0.7%

Shares of ETR stock traded down $0.75 during trading on Tuesday, hitting $113.82. 2,105,878 shares of the stock traded hands, compared to its average volume of 2,777,495. The firm has a market capitalization of $52.11 billion, a P/E ratio of 29.11, a price-to-earnings-growth ratio of 2.27 and a beta of 0.57. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.74 and a quick ratio of 0.51. The firm’s fifty day moving average price is $103.93 and its 200-day moving average price is $97.73. Entergy has a 52-week low of $75.57 and a 52-week high of $115.61.

Entergy (NYSE:ETR) last released its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The firm had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Entergy had a net margin of 13.66% and a return on equity of 10.89%. During the same period in the previous year, the firm posted $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, research analysts forecast that Entergy will post 3.88 earnings per share for the current fiscal year.

Entergy Company Profile

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.