The Reign of Entergy Corp as a Top Dividend Stock
Entergy Corp (ETR) has seized a spot in the limelight as one of the Top 10 dividend-paying utility stocks, a prestigious accolade granted by none other than Dividend Channel in its recent ”DividendRank” report.
The Financial Forte of ETR
According to the report, ETR stands out in the realm of utilities owing to its attractive valuation metrics and robust profitability figures. The report also lauded Entergy Corp for its consistent track record of quarterly dividends and promising long-term growth rates across crucial fundamental indicators.
The DividendRank Formula Unveiled
Quoting the report, ”Dividend investors with a penchant for value seek out companies that not only shine in profitability but are also priced attractively. This is precisely the type of gem our proprietary DividendRank formula aims to unearth, ranking the universe of coverage based on a blend of profitability and valuation criteria to unveil a compilation of the most ‘intriguing’ stocks, serving as a springboard for further exploration.”
The Dividend Details
Entergy Corp showers its shareholders with an annualized dividend of $4.52 per share, distributed in quarterly segments. The most recent ex-dividend date for ETR was noted on 02/08/2024. The report emphasized the significance of ETR’s long-term dividend history, underscoring its value for investors in assessing the sustainability of the latest dividend payouts.
The Top 10 DividendRank’ed Utility Stocks »
Seeking Further Insights
Also see:
- Cathie Wood Stock Picks
- CHWY shares outstanding history
- HBM market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
