CenterPoint Energy's (NYSE:CNP) Dividend Will Be $0.21

Simply Wall St.11-15 18:15

The board of CenterPoint Energy, Inc. (NYSE:CNP) has announced that it will pay a dividend of $0.21 per share on the 12th of December. Including this payment, the dividend yield on the stock will be ...

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(NYSE:CNP) has announced that it will pay a dividend of $0.21 per share on the 12th of December. Including this payment, the dividend yield on the stock will be ...</p>\n\n<a href=\"https://finance.yahoo.com/news/centerpoint-energys-nyse-cnp-dividend-101540760.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CNP","symbol_name":"中点能源","start_time":0,"source_url":"https://finance.yahoo.com/news/centerpoint-energys-nyse-cnp-dividend-101540760.html","article_id":"2483231463","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/naUy9BSoI62CZsfZfNs5GQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/e44b48510541f08ce6d7c1a7b2f6b239"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483231463","pubTimestamp":1731665740,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The board of CenterPoint Energy, Inc.  has announced that it will pay a dividend of $0.21 per share on the 12th of December. Including this payment, the dividend yield on the stock will be 2.8%, which is a modest boost for shareholders' returns.CenterPoint Energy's Future Dividend Projections Appear Well Covered By Earnings. If it is predictable over a long period, even low dividend yields can be attractive. Based on the last payment, CenterPoint Energy's earnings were much higher than the dividend, but it wasn't converting those earnings into cash flow. Since a dividend means the company is paying out cash to investors, this could prove to be a problem in the future.The next year is set to see EPS grow by 31.8%. Assuming the dividend continues along recent trends, we think the payout ratio could be 40% by next year, which is in a pretty sustainable range.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CNP":"中点能源","IE00BD4GTT62.SGD":"Legg Mason ClearBridge Infrastructure Value A SGD-H (mdis) plus","IE00BD4GTW91.USD":"LEGG MASON CLEARBRIDGEINFRASTRUCTURE VALUE \"A\" (USDHDG) INC","NYSE":"纽交所","BK4585":"ETF&股票定投概念","LU2380233275.USD":"SCHRODER ISF GLOBAL SUSTAINABLE FOOD AND WATER \"A\" (USD) ACC","BK4588":"碎股","IE00BD4GTV84.USD":"LEGG MASON CLEARBRIDGEINFRASTRUCTURE VALUE \"A\" (USDHDG) ACC","BK4208":"复合型公用事业"},"translate_title":"CenterPoint Energy(NYSE：CNP)的股息将为0.21美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNP":1,"NYSE":1},"content_text":"The board of CenterPoint Energy, Inc. (NYSE:CNP) has announced that it will pay a dividend of $0.21 per share on the 12th of December. Including this payment, the dividend yield on the stock will be 2.8%, which is a modest boost for shareholders' returns. \n See our latest analysis for CenterPoint Energy \nCenterPoint Energy's Future Dividend Projections Appear Well Covered By Earnings\n If it is predictable over a long period, even low dividend yields can be attractive. Based on the last payment, CenterPoint Energy's earnings were much higher than the dividend, but it wasn't converting those earnings into cash flow. Since a dividend means the company is paying out cash to investors, this could prove to be a problem in the future. \n The next year is set to see EPS grow by 31.8%. Assuming the dividend continues along recent trends, we think the payout ratio could be 40% by next year, which is in a pretty sustainable range. \n\n\n\n  NYSE:CNP Historic Dividend November 15th 2024\n \n\nDividend Volatility\n While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The dividend has gone from an annual total of $0.95 in 2014 to the most recent total annual payment of $0.84. The dividend has shrunk at around 1.2% a year during that period. Declining dividends isn't generally what we look for as they can indicate that the company is running into some challenges. \nWe Could See CenterPoint Energy's Dividend Growing\n Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. It's encouraging to see that CenterPoint Energy has been growing its earnings per share at 6.3% a year over the past five years. The company is paying out a lot of its cash as a dividend, but it looks okay based on the payout ratio. \nOur Thoughts On CenterPoint Energy's Dividend\n Overall, it's nice to see a consistent dividend payment, but we think that longer term, the current level of payment might be unsustainable. While CenterPoint Energy is earning enough to cover the payments, the cash flows are lacking. We would be a touch cautious of relying on this stock primarily for the dividend income. \n Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Case in point: We've spotted 3 warning signs for CenterPoint Energy (of which 1 is concerning!) you should know about. Is CenterPoint Energy not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks.  \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483231463"}