January 20, 2016 - 7:25 PM EST
Print Email Article Font Down Font Up
CenterPoint Energy increases quarterly dividend 4% to 25.75 cents per share

HOUSTON, Jan. 20, 2016 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) announced today that the Board of Directors declared a regular quarterly cash dividend of $0.2575 per share of common stock, payable on March 10, 2016, to shareholders of record at the close of business on Feb. 16, 2016. This represents a 4 percent increase from the previous quarterly dividend of $0.2475 and if annualized, would equate to $1.03 per share.

CenterPoint Energy logo.

"We are pleased with the increase in our dividend this quarter, as dividend and earnings per share growth are key components of our investment thesis," said Scott M. Prochazka, president and chief executive officer of CenterPoint Energy. "This marks the 11th consecutive year we have increased our dividend."

About CenterPoint Energy, Inc.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns a 55.4 percent limited partner interest in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,400 employees, CenterPoint Energy and its predecessor companies have been in business for more than 140 years. For more information, visit the website at www.CenterPointEnergy.com.

For more information contact
Media:
Leticia Lowe
Phone      713.207.7702
Investors:
David Mordy
Phone      713.207.6500

Logo - http://photos.prnewswire.com/prnh/20020930/CNPLOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/centerpoint-energy-increases-quarterly-dividend-4-to-2575-cents-per-share-300207563.html

SOURCE CenterPoint Energy, Inc.


Source: PR Newswire (January 20, 2016 - 7:25 PM EST)

News by QuoteMedia
www.quotemedia.com

Legal Notice