Center Point Energy announces quarterly dividend increase to $0.24 per share
CenterPoint Energy, Inc. (NYSE: CNP)'s Board of Directors announced that it has approved a regular quarterly cash dividend of $0.2400 per share, payable on September 10, 2026 to shareholders of record as of the close of business on August 20. The dividend is an increase of $0.0100 per share from the dividend announced in April 2026 and is in line with the company's target of annual dividend growth per share of approximately 6%. Headquartered in Houston, CenterPoint Energy is the only investor-owned electric and natural gas utility company headquartered in Texas. The company's business covers electric transmission and distribution, power generation and natural gas distribution, serving approximately 7 million metering customers in Indiana, Minnesota, Ohio and Texas. As of March 31, 2026, the company has approximately US$48 billion in assets and approximately 8,800 employees. Together with its predecessor companies, it has been operating for more than 150 years. According to the company's financial report, revenue in the first quarter of 2026 was US$2.975 billion and net profit was US$316 million. The company previously reiterated full-year guidance during its first-quarter 2026 earnings call and highlighted strong load growth in the Houston area. Significant capital investment opportunity.