CenterPoint Energy Dividends and Buybacks
Dividend criteria checks 2/6
CenterPoint Energy is a dividend paying company with a current yield of 2.72% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
2.7%
Dividend yield
-2.5%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | -6.2% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | US$0.840 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0HVF's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0HVF's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| CenterPoint Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0HVF) | 2.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Integrated Utilities) | 5.9% |
| Analyst forecast (0HVF) (up to 3 years) | 3.0% |
Notable Dividend: 0HVF's dividend (2.72%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0HVF's dividend (2.72%) is low compared to the top 25% of dividend payers in the UK market (5.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53%), 0HVF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 0HVF is paying a dividend but the company has no free cash flows.