CenterPoint Declares Quarterly Dividend of $0.24 per Share
CenterPoint Energy (CNP) has declared a quarterly dividend of $0.24 per share, consistent with its previous payout. The forward yield is currently estimated at 2.61%. The dividend will be payable on December 10 to shareholders of record as of November 19, with the ex-dividend date also set for November 19. The announcement aligns with CenterPoint's historical dividend pattern and reflects stability in its payout policy. Additional context includes recent developments such as a $50 million grid upgrade award from the Department of Energy and an initiation by RBC Capital Markets to Sector Perform, citing that CNP is premium-priced relative to peers.
Tickers: $CNP
Topics: CenterPoint Energy dividends