Why Entergy (ETR) is a Great Dividend Stock Right Now

Company Overview - Entergy (ETR) is headquartered in New Orleans and operates in the Utilities sector, with a stock price change of 19.82% since the beginning of the year [3]. Dividend Information - Entergy currently pays a dividend of $0.60 per share, resulting in a dividend yield of 2.64%, which is lower than the Utility - Electric Power industry's yield of 3.21% and the S&P 500's yield of 1.52% [3]. - The company's annualized dividend of $2.40 has increased by 4.6% from the previous year, with an average annual increase of 5.80% over the last five years [4]. Earnings Growth and Future Outlook - For the fiscal year, Entergy expects solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $3.89 per share, indicating a year-over-year growth rate of 6.58% [5]. - Future dividend growth will depend on earnings growth and the payout ratio, which is currently at 60%, meaning Entergy pays out 60% of its trailing 12-month EPS as dividends [4]. Investment Considerations - Entergy is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [6].