Eversource Energy Declares Quarterly Dividend of $0.7875 per Share
Eversource Energy (ES) has declared a quarterly dividend of $0.7875 per share, consistent with its previous payout. The forward yield is currently estimated at 4.57%. The dividend will be payable on September 30 to shareholders of record as of September 21, with the ex-dividend date also set for September 21. The company continues to outline a growth path targeting EPS growth between 5% and 7%, supported by recent developments such as ISO New England's preliminary selection of a $2.2 billion transmission project. In its Q2 earnings report, Eversource posted non-GAAP EPS of $0.87 in line with expectations but reported revenue of $2.9 billion, which fell short of estimates by $70 million.
Tickers: $ES
Topics: dividends financial results