CenterPoint Energy Declares Fresh Dividend

CenterPoint Energy (NYSE: CNP  ) is keeping true to its steady nature and maintaining its quarterly dividend policy. The company announced that it will distribute $0.2075 per share of its common stock on June 10 to shareholders of record as of May 16. This amount matches CenterPoint's previous payout, which was dispensed in February. Before that, the company distributed $0.2025 per share.

The company is a very steady and predictable dividend payer. It tends to raise that payout at the beginning of every year.

The current dividend annualizes to $0.83 per share. That yields 3.4% at CenterPoint's current stock price of $24.32.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2388738, ~/Articles/ArticleHandler.aspx, 12/18/2014 9:31:09 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement