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Eversource Energy (Eversource Energy) Dividend Payout Ratio : 0.71 (As of Dec. 2023)


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What is Eversource Energy Dividend Payout Ratio?

Eversource Energy's dividend payout ratio for the months ended in Dec. 2023 was 0.71.

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

ES' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.62   Max: 0.68
Current: 0.62


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.

ES's Dividend Payout Ratio is ranked worse than
61.48% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.52 vs ES: 0.62

As of today (2024-04-27), the Dividend Yield % of Eversource Energy is 4.61%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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


Eversource Energy Dividend Payout Ratio Historical Data

The historical data trend for Eversource 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.

Eversource Energy Dividend Payout Ratio Chart

Eversource 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 0.65 0.49 0.68 0.63 0.62

Eversource 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 0.16 0.48 0.68 0.70 0.71

Competitive Comparison of Eversource Energy's Dividend Payout Ratio

For the Utilities - Regulated Electric subindustry, Eversource 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.


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

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

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



Eversource Energy Dividend Payout Ratio Calculation

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

Eversource 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 )
=2.7/ 4.34
=0.62

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

* 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 (NYSE:ES) 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.


Eversource Energy Dividend Payout Ratio Related Terms

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


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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