Cleco (CNL) Forward Dividend Yield % : 2.89% (As of May. 06, 2024)

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What is Cleco Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of Cleco is 2.89%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of Cleco is 2.89%.

CNL's Forward Dividend Yield % is not ranked
in the Utilities - Regulated industry.
Industry Median: 4.05 vs CNL: 2.89

Cleco's Dividends per Share for the three months ended in Dec. 2015 was $0.40.

The growth rate is calculated with least square regression.

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

Competitive Comparison of Cleco's Forward Dividend Yield %

For the Utilities - Regulated Electric subindustry, Cleco's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.

Cleco's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cleco's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cleco's Forward Dividend Yield % falls into.

Cleco Forward Dividend Yield % Calculation

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

Cleco (NYSE:CNL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Cleco Forward Dividend Yield % Related Terms

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Cleco (CNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cleco Corp (NYSE:CNL) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.cleco.com

Cleco Corp was incorporated on October 30, 1998, under the laws of the State of Louisiana. It is a public utility holding company that owns a vertically integrated electric utility, Cleco Power, which is engaged in the generation, transmission, distribution and sale of electricity primarily in Louisiana.

Executives

Scott Peter M Iii	director	P O BOX 1551, RALEIGH NC 27601
Shelley Jr Stewart	director	9 ROSZEL ROAD, PRINCETON NJ 08540
Vicky A Bailey	director	2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
William L Marks	director	PINEVILLE GENERAL OFFICE, 2030 DONAHUE FERRY RD PO BOX 5000, PINEVILLE LA 71361-5000
Logan W Kruger	director	C/O CENTURY ALUMINUM COMPANY, 2511 GARDEN ROAD, BUILDING A, SUITE 200, MONTEREY CA 93940
Bruce A Williamson	director, officer: President & CEO	C/O SOUTHCROSS ENERGY PARTNERS, L.P., 1717 MAIN STREET, SUITE 5200, DALLAS TX 75201
Thomas R Miller	officer: SVP - CFO & Treasurer	2030 DONAHUE FERRY ROAD, PINEVILLE LA 71360
Michael Madison	other: Former President & CEO	PO BOX 5000, PINEVILLE LA 71361-5000
Richard B Crowell	director	PINEVILLE GENERAL OFFICE, 2030 DONAHUE FERRY RD PO BOX 5000, PINEVILLE LA 71361-5000
Bear Stearns & Co Inc /ny/	10 percent owner	115 SOUTH JEFFERSON RD, WHIPPANY NJ 07981
Bear Stearns Companies Inc	10 percent owner	ONE METROTECH NORTH, 9TH FL., BROOKLYN NY 11201