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CenterPoint Energy (CenterPoint Energy) Dividend Payout Ratio : 0.66 (As of Dec. 2023)


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What is CenterPoint Energy Dividend Payout Ratio?

CenterPoint Energy's dividend payout ratio for the months ended in Dec. 2023 was 0.66.

The historical rank and industry rank for CenterPoint Energy's Dividend Payout Ratio or its related term are showing as below:

CNP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.73   Max: 1.43
Current: 0.56


During the past 13 years, the highest Dividend Payout Ratio of CenterPoint Energy was 1.43. The lowest was 0.26. And the median was 0.73.

CNP's Dividend Payout Ratio is ranked worse than
52.19% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs CNP: 0.56

As of today (2024-04-26), the Dividend Yield % of CenterPoint Energy is 2.69%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CenterPoint Energy was 9.23%. The lowest was 2.03%. And the median was 3.70%.

CenterPoint Energy's Dividends per Share for the months ended in Dec. 2023 was $0.20.

During the past 12 months, CenterPoint Energy's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CenterPoint Energy was 34.50% per year. The lowest was -35.60% per year. And the median was 2.10% per year.

The growth rate is calculated with least square regression.

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


CenterPoint Energy Dividend Payout Ratio Historical Data

The historical data trend for CenterPoint Energy's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

CenterPoint Energy Dividend Payout Ratio Chart

CenterPoint Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 0.83 0.59 0.63 0.56

CenterPoint Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.39 1.05 0.48 0.66

Competitive Comparison of CenterPoint Energy's Dividend Payout Ratio

For the Utilities - Regulated Electric subindustry, CenterPoint Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


CenterPoint Energy's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CenterPoint Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where CenterPoint Energy's Dividend Payout Ratio falls into.



CenterPoint Energy Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

CenterPoint Energy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.77/ 1.382
=0.56

CenterPoint 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 )
=0.2/ 0.301
=0.66

* 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.


CenterPoint Energy (NYSE:CNP) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


CenterPoint Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of CenterPoint Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CenterPoint Energy (CenterPoint Energy) Business Description

Traded in Other Exchanges
Address
1111 Louisiana, Houston, TX, USA, 77002
CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in six states serving approximately 4 million customers.
Executives
Christopher A Foster officer: EVP and CFO 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
David J Lesar director, officer: President & CEO
Jason P. Wells officer: EVP & CFO 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Kristie Colvin officer: SVP and CAO 1111 LOUISIANA, HOUSTON TX 77002
Ricky Anthony Raven director 1111 LOUISIANA STREEET, STE. 4600, HOUSTON TX 77002
Thaddeus J. Malik director 1111 LOUISIANA STREET, STE. 4600, HOUSTON TX 77002
Russell Keith Wright officer: VP, FP&A and Interim CAO 1111 LOUISIANA STREET, STE 4600, HOUSTON TX 77002
Barry T Smitherman director NRG ENERGY, INC., 804 CARNEGIE CENTER, PRINCETON NJ 08540
Ted Pound director C/O ALLIS-CHALMERS, 5075 WESTHIEMER, #890, HOUSTON TX 77056
Kara Gostenhofer Ryan officer: Vice President and CAO 1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
Martin H. Nesbitt director 10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Wendolynn Montoya Cloonan director 1111 LOUISIANA STREET #4600, HOUSTON TX 77002
Wooten Lewis Raquelle director 1111 LOUISIANA STREET, #4600, HOUSTON TX 77002
Phillip R Smith director 1111 LOUISIANA, HOUSTON TX 77002
Earl M Cummings director 1111 LOUISIANA STREET #4600, HOUSTON TX 77002

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