CenterPoint Energy As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
CNP $0.80 5.3% 11.8% 6.2%
Business yield Hike yrs 5 yr CAGR freq. paid since
Electric & Gas Utility 2.9% 3 -7.0% Quarter 1996

CenterPoint Energy (CNP) will raise its quarterly dividend by 14.5 percent to $0.237 per share. This follows much smaller dividend increases of 2.5 percent in the previous two years by the company.

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. Through its electric transmission & distribution, power generation and natural gas distribution businesses, the company serves customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy's energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas. The company also owns a majority of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets.