Eversource: Board Increases Dividend Despite Offshore

Feb 1, 2024 · We are reaffirming our $72 fair value estimate for Eversource Energy after the company announced it will raise its dividend 6% to $2.86 per share annualized for 2024.

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Eversource: Board Increases Dividend Despite Offshore

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Feb 1, 2024 · We are reaffirming our $72 fair value estimate for Eversource Energy after the company announced it will raise its dividend 6% to $2.86 per share annualized for 2024.

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Eversource Energy (NYSE:ES) Is Increasing Its Dividend To $0.7525

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6 days ago · The board of Eversource Energy has announced that the dividend on 31st of March will be increased to $0.7525, which will be 5.2% higher than last year's payment of $0.715 …

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Dividend Hawk: Dividend Increase - Eversource Energy (ES)

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Jan 30, 2025 · This represents a 5.24% increase over the last quarterly dividend. With current price $57.98 (today's open), this raise brings their dividend yield to 5.19%. Eversource Energy …

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56 Prospect St., Hartford, Connecticut 06103-2818 800

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Feb 1, 2023 · HARTFORD, Conn. and BOSTON, Mass. (February 1, 2023) – The Eversource Energy Board of Trustees declared a quarterly dividend of $0.675 per share, payable March …

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Eversource's Core Utilities Continue Growing While Offshore Wind ...

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Feb 1, 2024 · Eversource was one of the first U.S. utilities to pursue offshore wind development, but management reversed course in 2022 and took nearly $2 billion of impairment charges …

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Eversource Energy (NYSE:ES) Will Pay A Larger Dividend Than Last …

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Feb 4, 2024 · Eversource Energy's periodic dividend will be increasing on the 29th of March to $0.715, with investors receiving 5.9% more than last year's $0.675. This will take the annual …

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Eversource Energy Declares Dividend, Schedules Webcast To

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Jan 31, 2024 · HARTFORD, Conn.& BOSTON---- The Eversource Energy Board of Trustees declared a quarterly dividend of $0.715 per share, payable March 29, 2024, to shareholders of …

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Eversource Energy Declares Common Dividend - Nasdaq

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Jan 29, 2025 · HARTFORD, Conn.& BOSTON---- The Board of Trustees of Eversource Energy today approved a quarterly dividend of $0.7525 per share, payable on March 31, 2025, to …

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Dividend Aristocrats In Focus: Eversource Energy | TalkMarkets

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Jan 29, 2025 · The company has a long history of paying dividends and has increased its payout for 26 consecutive years. In February 2024, the quarterly dividend increased by 5.9% from $0. …

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Eversource Energy (ES) Increases Dividend By 5.2%, Its 25th …

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Jan 30, 2025 · The Board of Trustees of Eversource Energy (NYSE:ES) today approved a quarterly dividend of $0.7525 per share, payable on March 31, 2025, to shareholders of record …

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Eversource Energy Dividend Increase | TalkMarkets

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6 days ago · The stock's contribution to my portfolio's projected annual dividend income will increase by $45 to $903. I own 300 shares of Eversource Energy at an average cost basis of …

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The 3 New Dividend Aristocrats In 2025

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3 days ago · New Dividend Aristocrat For 2025: Eversource Energy (ES) Dividend History: 27 years of consecutive increases Dividend Yield: 5.2% Eversource Energy is a diversified …

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Eversource Exits Offshore Wind, Eyes Growth At Its ... - Morningstar

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Aug 19, 2024 · Eversource raised its dividend to $2.86 per share annualized for 2024, maintaining a string of 6% dividend increases that we think can continue for several more years.

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FAQs about Eversource: Board Increases Dividend Despite Offshore Coupon?

Does Eversource Energy pay a dividend?

The board of Eversource Energy (NYSE:ES) has announced that the dividend on 31st of March will be increased to $0.7525, which will be 5.2% higher than last year's payment of $0.715 which covered the same period. This will take the annual payment to 5.0% of the stock price, which is above what most companies in the industry pay. ...

Why did Eversource raise its dividend in 2024?

Eversource raised its dividend to $2.86 per share annualized for 2024, maintaining a string of 6% dividend increases that we think can continue for several more years. State renewable energy mandates present a huge challenge for the Northeast's energy infrastructure and a growth opportunity for Eversource. ...

Is Eversource Energy's dividend a risky long-term practice?

Prior to this announcement, Eversource Energy's dividend was making up a very large proportion of earnings, and the company was also not generating any cash flow to offset this. Generally, we think that this would be a risky long term practice. The next year is set to see EPS grow by 47.9%. ...

Will Eversource exit its offshore wind investments?

Eversource also issued several series of green bonds starting in 2019 at NStar Electric at favorable rates. We estimate Eversource's decision to exit its offshore wind investments will save about $2 billion of new equity needs during the next five years. ...

Should Eversource invest $17 billion in 2024-27?

We assume Eversource invests $17 billion in 2024-27 at its electric, gas, and water utilities to help meet regional clean energy targets and strengthen the grid. This should support 6% annual average earnings and dividend growth at least through 2026. ...

Why did Eversource lose a share in 2014?

In 2014, the Federal Energy Regulatory Commission cut Eversource's interstate transmission allowed ROE to 10.57% from 11.14%. This led to a $0.10 per share charge in the second quarter of 2014 (4% of consolidated earnings). Eversource continues to face pending FERC rate challenges and could suffer another rate cut. ...