Eversource Energy (ES) to Issue Quarterly Dividend of $0.79 on June 30th

Eversource Energy (NYSE:ES) announced a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, May 18th will be paid a dividend of 0.7875 per share by the utilities provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Monday, May 18th.

Eversource Energy has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 2 years. Eversource Energy has a dividend payout ratio of 63.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Eversource Energy to earn $4.99 per share next year, which means the company should continue to be able to cover its $3.15 annual dividend with an expected future payout ratio of 63.1%.

Eversource Energy Stock Performance

Shares of ES stock opened at $67.26 on Friday. The company has a market capitalization of $25.29 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 4.56 and a beta of 0.74. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.59 and a current ratio of 0.65. The company has a 50-day simple moving average of $69.54 and a 200 day simple moving average of $69.75. Eversource Energy has a 52 week low of $61.53 and a 52 week high of $76.41.

Eversource Energy (NYSE:ES) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.73 EPS for the quarter, topping the consensus estimate of $1.59 by $0.14. The business had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.21 billion. Eversource Energy had a net margin of 12.55% and a return on equity of 11.59%. Eversource Energy’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.50 EPS. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. On average, sell-side analysts predict that Eversource Energy will post 4.65 earnings per share for the current year.

Eversource Energy Company Profile

Eversource Energy (NYSE: ES) is a publicly traded, regulated energy company headquartered in Hartford, Connecticut. The company’s core business is the delivery and transmission of electricity and natural gas to residential, commercial and industrial customers across parts of New England. Eversource operates transmission and distribution networks, maintains electrical infrastructure, responds to outages and storms, and manages natural gas pipeline and distribution systems in the regions it serves.

Eversource serves customers primarily in Connecticut, Massachusetts and New Hampshire, operating through locally regulated utility subsidiaries that administer customer service, billing, meter reading and localized operations.