Entergy Corporation (ETR) to Issue Quarterly Dividend of $0.64 on June 1st

Entergy Corporation (NYSE:ETR) declared a quarterly dividend on Monday, April 6th. Investors 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) annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, May 1st.

Entergy has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 10 consecutive years. Entergy has a payout ratio of 58.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Entergy to earn $4.92 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 52.0%.

Entergy Price Performance

NYSE ETR opened at $113.23 on Wednesday. The company has a market cap of $51.84 billion, a PE ratio of 28.96, a price-to-earnings-growth ratio of 2.24 and a beta of 0.57. Entergy has a 52 week low of $79.40 and a 52 week high of $117.81. The company has a quick ratio of 0.51, a current ratio of 0.74 and a debt-to-equity ratio of 1.65. The firm’s 50-day simple moving average is $108.84 and its two-hundred day simple moving average is $100.10.

Entergy (NYSE:ETR) last released its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $0.86 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.04). Entergy had a net margin of 13.66% and a return on equity of 10.89%. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Research analysts predict that Entergy will post 4.4 earnings per share for the current year.

About Entergy

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.