Entergy Keeps Dividend Steady
Jul 28th 2013 7:15AM
Updated Jul 28th 2013 7:18AM
Integrated electric power producer Entergy announced yesterday its third-quarter dividend of $0.83 per share, the same rate it's paid since 2010.
The board of directors said the quarterly dividend is payable on Sept. 3 to the holders of record at the close of business on Aug. 8. The energy producer has made quarterly payouts to investors since 1988.
The regular dividend payment equates to a $3.32-per-share annual dividend, yielding 4.7% based on Friday's closing price of Entergy's stock.
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