What's Happening?
Entergy Texas, Inc. has announced a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock, payable on January 15, 2026, to shareholders of record as of January 2, 2026. Entergy Texas, a subsidiary
of Entergy Corporation, provides electricity to approximately 524,000 customers across 27 counties. The company is part of the Midcontinent Independent System Operator Inc. power grid, which spans 15 states and parts of Canada. Entergy is committed to investing in growth, reliability, and cleaner energy generation, including natural gas, nuclear, and renewable energy.
Why It's Important?
The dividend announcement underscores Entergy Texas's financial stability and commitment to returning value to its shareholders. As a major player in the energy sector, Entergy's investments in cleaner energy and infrastructure improvements are crucial for meeting future energy demands and regulatory requirements. The company's focus on sustainability and corporate citizenship also positions it as a leader in the transition to a more sustainable energy future, which could influence other utilities to adopt similar strategies.
