Eversource Energy (ES) to Issue Quarterly Dividend of $0.51 on September 28th
Eversource Energy (NYSE:ES) announced a quarterly dividend on Wednesday, September 12th, Wall Street Journal reports. Shareholders of record on Friday, September 21st will be paid a dividend of 0.505 per share by the utilities provider on Friday, September 28th. This represents a $2.02 annualized dividend and a yield of 3.17%. The ex-dividend date is Thursday, September 20th.
Shares of NYSE ES opened at $63.64 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.65 and a quick ratio of 0.60. The stock has a market capitalization of $20.13 billion, a price-to-earnings ratio of 20.46, a price-to-earnings-growth ratio of 3.29 and a beta of 0.23. Eversource Energy has a fifty-two week low of $52.76 and a fifty-two week high of $66.15.
Eversource Energy (NYSE:ES) last issued its quarterly earnings results on Tuesday, July 31st. The utilities provider reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.01. Eversource Energy had a return on equity of 9.07% and a net margin of 12.59%. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. equities analysts anticipate that Eversource Energy will post 3.25 earnings per share for the current year.
In related news, EVP Leon J. Olivier sold 50,000 shares of Eversource Energy stock in a transaction that occurred on Wednesday, August 29th. The stock was sold at an average price of $62.03, for a total transaction of $3,101,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.45% of the stock is currently owned by company insiders.
About Eversource Energy
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates in three segments: Electric Distribution, Electric Transmission, and Natural Gas Distribution. It is involved in the transmission and distribution of electricity; and distribution of natural gas.
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