CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Arkansas, Indiana, Mississippi, Ohio, Oklahoma, and Texas and Louisiana through a third party. This segment also engages in the sale of regulated intrastate natural gas, and transportation and storage of natural gas for residential, commercial, industrial, and transportation customers. As of December 31, 2021, it served approximately 2.7 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 71,241 megavolt amperes; operated approximately 1,00,000 linear miles of natural gas distribution and transmission mains; and owned and operated 285 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. The company was founded in 1866 and is headquartered in Houston, Texas.
CenterPoint Energy Dividend Announcement
• CenterPoint Energy announced a quarterly dividend of $0.21 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-11-21
• CenterPoint Energy annual dividend for 2024 was $0.81
• CenterPoint Energy annual dividend for 2023 was $0.77
• CenterPoint Energy's trailing twelve-month (TTM) dividend yield is 1.94%
• CenterPoint Energy's payout ratio for the trailing twelve months (TTM) is 53.06%
• CenterPoint Energy's dividend growth over the last five years (2018-2023) was -7.05% year
• CenterPoint Energy's dividend growth over the last ten years (2013-2023) was -0.75% year
CenterPoint Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-21 | $0.21 | quarterly | 2024-12-12 |
2024-08-15 | $0.20 | quarterly | 2024-09-12 |
2024-05-15 | $0.20 | quarterly | |
2024-02-14 | $0.20 | quarterly | 2024-03-14 |
2023-11-15 | $0.20 | quarterly | 2023-12-14 |
2023-08-16 | $0.19 | quarterly | 2023-09-14 |
2023-05-17 | $0.19 | quarterly | 2023-06-08 |
2023-02-15 | $0.19 | quarterly | 2023-03-09 |
2022-11-16 | $0.18 | quarterly | 2022-12-08 |
2022-08-17 | $0.18 | quarterly | 2022-09-08 |
2022-05-18 | $0.17 | quarterly | 2022-06-09 |
2022-02-16 | $0.17 | quarterly | 2022-03-10 |
2021-11-17 | $0.17 | quarterly | 2021-12-09 |
2021-08-18 | $0.16 | quarterly | 2021-09-09 |
2021-05-19 | $0.16 | quarterly | 2021-06-10 |
2021-02-17 | $0.16 | quarterly | 2021-03-11 |
2020-11-18 | $0.15 | quarterly | 2020-12-10 |
2020-08-19 | $0.15 | quarterly | 2020-09-10 |
2020-05-20 | $0.15 | quarterly | 2020-06-11 |
2020-02-19 | $0.29 | quarterly | 2020-03-12 |
2019-11-20 | $0.29 | quarterly | 2019-12-12 |
2019-08-14 | $0.29 | quarterly | 2019-09-12 |
2019-05-15 | $0.29 | quarterly | 2019-06-13 |
2019-02-20 | $0.29 | quarterly | 2019-03-14 |
2018-11-14 | $0.28 | quarterly | 2018-12-13 |
2018-08-15 | $0.28 | quarterly | 2018-09-13 |
2018-05-16 | $0.28 | quarterly | 2018-06-14 |
2018-02-14 | $0.28 | quarterly | 2018-03-08 |
2017-11-15 | $0.27 | quarterly | 2017-12-08 |
2017-08-14 | $0.27 | quarterly | 2017-09-08 |
2017-05-12 | $0.27 | quarterly | 2017-06-09 |
2017-02-14 | $0.27 | quarterly | 2017-03-10 |
2016-11-14 | $0.26 | quarterly | 2016-12-09 |
2016-08-12 | $0.26 | quarterly | 2016-09-09 |
2016-05-12 | $0.26 | quarterly | 2016-06-10 |
2016-02-11 | $0.26 | quarterly | 2016-03-10 |
2015-11-10 | $0.25 | quarterly | 2015-12-10 |
2015-08-12 | $0.25 | quarterly | 2015-09-10 |
2015-05-13 | $0.25 | quarterly | 2015-06-10 |
2015-02-11 | $0.25 | quarterly | 2015-03-10 |
2014-11-12 | $0.24 | quarterly | 2014-12-10 |
2014-08-13 | $0.24 | quarterly | 2014-09-10 |
2014-05-14 | $0.24 | quarterly | 2014-06-10 |
2014-02-12 | $0.24 | quarterly | 2014-03-10 |
2013-11-13 | $0.21 | quarterly | 2013-12-10 |
2013-08-14 | $0.21 | quarterly | 2013-09-10 |
2013-05-14 | $0.21 | quarterly | 2013-06-10 |
2013-02-13 | $0.21 | quarterly | 2013-03-08 |
CenterPoint Energy Dividend per year
CenterPoint Energy Dividend growth
CenterPoint Energy Dividend Yield
CenterPoint Energy current trailing twelve-month (TTM) dividend yield is 1.94%. Interested in purchasing CenterPoint Energy stock? Use our calculator to estimate your expected dividend yield:
CenterPoint Energy Financial Ratios
CenterPoint Energy Dividend FAQ
Other factors to consider when evaluating CenterPoint Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy CenterPoint Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: CenterPoint Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CenterPoint Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CenterPoint Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CenterPoint Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CenterPoint Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CenterPoint Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CenterPoint Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CenterPoint Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CenterPoint Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.