Evergy Inc. (NASDAQ:EVRG) Announces Quarterly Dividend of $0.69

Evergy Inc. (NASDAQ:EVRG) announced a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, August 18th will be paid a dividend of 0.695 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, August 18th.

Evergy has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 20 years. Evergy has a dividend payout ratio of 65.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Evergy to earn $4.55 per share next year, which means the company should continue to be able to cover its $2.78 annual dividend with an expected future payout ratio of 61.1%.

Evergy Stock Performance

NASDAQ:EVRG opened at $83.04 on Friday. The company has a 50-day moving average of $84.57 and a 200-day moving average of $82.36. The firm has a market cap of $19.14 billion, a price-to-earnings ratio of 22.03, a price-to-earnings-growth ratio of 2.15 and a beta of 0.54. The company has a current ratio of 0.45, a quick ratio of 0.24 and a debt-to-equity ratio of 1.29. Evergy has a twelve month low of $70.42 and a twelve month high of $88.62.

Evergy (NASDAQ:EVRG) last released its earnings results on Thursday, August 6th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.81 by $0.07. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.36 billion. Evergy had a net margin of 14.63% and a return on equity of 9.09%. During the same period in the prior year, the business earned $0.82 earnings per share. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. Analysts forecast that Evergy will post 4.25 earnings per share for the current fiscal year.

About Evergy

Evergy, Inc is a regulated electric utility that generates, transmits and distributes electricity to residential, commercial and industrial customers primarily across Kansas and western Missouri. The company provides core utility services including retail electric delivery, grid operations, customer service and outage restoration, operating under state regulatory frameworks. Evergy serves a mix of urban and rural communities, including portions of the Kansas City metropolitan area and other population centers in its service territory.

The company’s business activities span power generation, system planning, transmission and distribution infrastructure, and customer-facing programs such as energy efficiency and demand-side management.