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CenterPoint Energy (CenterPoint Energy) 3-Year Dividend Growth Rate

: 1.30% (As of Dec. 2023)
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CenterPoint Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.20.

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

CNP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -35.6   Med: 2.1   Max: 34.5
Current: 1.3

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.

CNP's 3-Year Dividend Growth Rate is ranked worse than
67.92% of 293 companies
in the Utilities - Regulated industry
Industry Median: 5 vs CNP: 1.30

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. 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.

CenterPoint Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.66. As of today, CenterPoint Energy's Dividend Yield % is 2.73%.

Good Sign:

CenterPoint Energy Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison

For the Utilities - Regulated Electric subindustry, CenterPoint 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.


CenterPoint Energy 3-Year Dividend Growth Rate Distribution

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

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



CenterPoint 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.


CenterPoint Energy  (NYSE:CNP) 3-Year Dividend Growth Rate Explanation

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

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

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.

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

CenterPoint Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-02-142024-02-152024-03-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-11-152023-11-162023-12-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1902023-08-162023-08-172023-09-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1902023-05-172023-05-182023-06-08Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.78/28.53
=2.73 %

Current Share Price is $28.53.
CenterPoint Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.78.

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

Good Sign:

CenterPoint Energy Inc stock dividend yield is close to 3-year high.

* 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 3-Year Dividend Growth Rate Related Terms>


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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