Entergy Corporation (ETR) will raise its quarterly dividend by 2.2 percent to $0.91 per share in 2018. This marks the 4th consecutive year of annual dividend increases by the integrated energy company.

The increased dividend will be paid on December 3, 2018 to shareholders of record on November 8, 2018. The ex-date for this next dividend of 91 cents is November 7, 2018.

A new annual dividend of $3.64 per share yields 4.4% at a stock price of $82.43 for Entergy.

The average annual dividend growth over the last five years now is 1.9 percent. Last year Entergy hiked its dividend by 2.3 percent to 89 cents per share quarterly.

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants including nuclear power plants. The company delivers electricity to utility customers in Arkansas, Louisiana, Mississippi and Texas.