Entergy Corporation's Board Approves 6.2% Hike in Dividend

Entergy Corporation (ETR) announced that its board of directors has approved a 6.2% increase in the quarterly dividend rate. The revised quarterly dividend will be $1.20 per share, payable on Dec. 2, 2024, to shareholders of record at the close of the business on Nov. 13, 2024. Since 1988, Entergy has consistently paid cash dividends to shareholders on its common shares.ETR’s new annualized dividend rate is$4.80. The company’s current dividend yield is 3.52%, based on its share price worth $136.32 as of Oc ...