Entergy Announces Increase In Quarterly Dividend From $1.13 To $1.20 Per Share
Portfolio Pulse from Benzinga Newsdesk
Entergy has announced an increase in its quarterly dividend from $1.13 to $1.20 per share, payable on December 2, 2024, to shareholders of record as of November 13, 2024. This marks a continuation of Entergy's long-standing practice of paying dividends since 1988.
October 25, 2024 | 5:52 pm
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Entergy has increased its quarterly dividend from $1.13 to $1.20 per share, indicating strong financial health and a commitment to returning value to shareholders.
The increase in dividend suggests Entergy's confidence in its financial stability and future cash flows, which is generally perceived positively by investors. This move is likely to attract income-focused investors and could lead to a short-term increase in stock price.
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