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Eversource Energy (Eversource Energy) 3-Year Dividend Growth Rate : 16.60% (As of Dec. 2023)


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What is Eversource Energy 3-Year Dividend Growth Rate?

Eversource Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.68.

The historical rank and industry rank for Eversource Energy's 3-Year Dividend Growth Rate or its related term are showing as below:

ES' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -58.3   Med: 8.1   Max: 73.8
Current: 16.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Eversource Energy was 73.80% per year. The lowest was -58.30% per year. And the median was 8.10% per year.

ES's 3-Year Dividend Growth Rate is ranked better than
79.45% of 292 companies
in the Utilities - Regulated industry
Industry Median: 5 vs ES: 16.60

During the past 12 months, Eversource Energy's average Dividends Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Eversource Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.71. As of today, Eversource Energy's Dividend Yield % is 4.56%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Eversource Energy's 3-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, Eversource Energy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eversource Energy's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eversource Energy's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Eversource Energy's 3-Year Dividend Growth Rate falls into.



Eversource Energy 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Eversource Energy  (NYSE:ES) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Eversource Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.675/ 0.95
=0.71

During the past 13 years, the highest Dividend Payout Ratio of Eversource Energy was 0.68. The lowest was 0.49. And the median was 0.62.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Eversource Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7152024-03-042024-03-052024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.6752023-12-152023-12-182023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.6752023-09-222023-09-252023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.6752023-05-172023-05-182023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Eversource Energy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.74/60.52
=4.53 %

Current Share Price is $60.52.
Eversource Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.74.

During the past 13 years, the highest Dividend Yield of Eversource Energy was 5.06%. The lowest was 1.89%. And the median was 3.06%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eversource Energy 3-Year Dividend Growth Rate Related Terms>


Eversource Energy (Eversource Energy) Business Description

Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.
Executives
Van Faasen William C other: Trustee 1499 POST ROAD, FAIRFIELD CT 06824
Gregory B Butler officer: Sr. V.P. & Gen. Counsel EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
Daniel J Nova other: Trustee C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Linda Dorcena Forry other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Loretta D. Keane other: Trustee 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Penelope M Conner officer: EVP-Cust Exp & Energy Strategy 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Christine M Carmody officer: SVP - Human Resources 800 BOYLSTON STREET, BOSTON MA 02199
Frederica M Williams other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
John M. Moreira officer: EVP, CFO and Treasurer 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Hunt James W Iii officer: EVP-Corp Rel & Sustainability 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Cleveland Cotton M other: Trustee EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Jay Buth officer: VP-Accounting and Controller EVERSOURCE ENERGY, 107 SELDEN STREET, BERLIN CT 06037
James S Distasio other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, BOSTON MA 01104
David H. Long other: Trustee C/O EVERSOURCE ENERGY, 107 SELDEN STREET - LEGAL DEPT., BERLIN CT 06037
John Y Kim other: Trustee 51 MADISON AVENUE, NEW YORK NY 10010

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