CenterPoint Energy Dividend
Dividend criteria checks 2/6
CenterPoint Energy is a dividend paying company with a current yield of 2.47% that is well covered by earnings. Last payment was on 8th December, 2022 with an ex-dividend date of 16th November, 2022.
Key information
2.5%
Dividend yield
48%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | 08 Dec 22 |
Ex dividend date | 16 Nov 22 |
Dividend per share | n/a |
Earnings per share | €1.45 |
Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HOU's dividend payments have been volatile in the past 10 years.
Growing Dividend: HOU's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
CenterPoint Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (HOU) | 2.5% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Integrated Utilities) | 5.5% |
Analyst forecast in 3 Years (HOU) | 2.7% |
Notable Dividend: HOU's dividend (2.47%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: HOU's dividend (2.47%) is low compared to the top 25% of dividend payers in the German market (5.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), HOU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HOU is paying a dividend but the company has no free cash flows.