Credit: Shutterstock photoCenterPoint Energy, Inc. ( CNP ) will begin trading ex-dividend on May 16, 2018. A cash dividend payment of $0.278 per share is scheduled to be paid on June 14, 2018. Shareholders who purchased CNP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.73% increase over prior dividend payment. At the current stock price of $26.49, the dividend yield is 4.2%.
The previous trading day's last sale of CNP was $26.49, representing a -13% decrease from the 52 week high of $30.45 and a 6.77% increase over the 52 week low of $24.81.
CNP is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Southern Company ( SO ). CNP's current earnings per share, an indicator of a company's profitability, is $4.07. Zacks Investment Research reports CNP's forecasted earnings growth in 2018 as 16.18%, compared to an industry average of 6.1%.
For more information on the declaration, record and payment dates, visit the CNP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to CNP through an Exchange Traded Fund [ETF]?
The following ETF(s) have CNP as a top-10 holding:
- PowerShares DWA Utilities Momentum Portfolio ( PUI )
- First Trust Exchange-Traded Fund III First Trust Horizon Manag ( HUSV )
- PowerShares Multi-Factor Large Cap Portfolio ( GMFL )
- SPDR Select Sector Fund - Utilities ( XLU ).
The top-performing ETF of this group is GMFL with an increase of 7.5% over the last 100 days. PUI has the highest percent weighting of CNP at 3.18%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
