Stock

CenterPoint Energy, Inc.'s board of directors has declared dividends on shares of its common stock, Series A Perpetual Preferred Stock and Series B Mandatory Convertible Preferred Stock.

CenterPoint provides natural gas service in Magnolia and other population centers in South Arkansas.

The company's board of directors declared a regular quarterly cash dividend of 15 cents per share on the issued and outstanding shares of Common Stock. The dividend will also be payable to holders of shares of Series C Mandatory Convertible Preferred Stock which participate with the Common Stock on an as-converted basis. The dividend will be payable September 10 to holders of Common Stock and Series C Preferred Stock of record at the close of business on August 20.

The company's board of directors declared a regular semiannual cash dividend of 30.625 cents per share on the issued and outstanding shares of Series A Preferred Stock payable September 1 to holders of Series A Preferred Stock of record at the close of business on August 14.

The company's board of directors declared a regular quarterly cash dividend of $17.5000 per share on the issued and outstanding shares of Series B Preferred Stock payable September 1 to holders of Series B Preferred Stock of record at the close of business on August 15. As August 15, 2020 falls on a Saturday, the effective record date for the dividend will be the close of business on August 14. This equates to $0.8750 per depositary share, each of which represents a 1/20th interest in a share of the Series B Mandatory Convertible Preferred Stock.

CLICK HERE to read more business news on our website.

 

Click an emoticon to express your reaction to this article.

0
0
0
0
0

Recommended for you