CNP raises its quarterly dividend 4.35% to $0.24 per share

CenterPoint Energy, Inc. (CNP) has announced a quarterly dividend increase of 4.35%, raising the payout to $0.2400 per share. The new dividend will be paid to shareholders of record as of the ex-dividend date, which is set for August 20, 2026. This marks the company's latest step in a consistent pattern of dividend growth.

The numbers

The new quarterly payment of $0.2400 represents an increase from the previous $0.2300 per share. This raise follows a series of recent payments: $0.22 per share in May 2025, August 2025, and November 2025, then $0.23 in February 2026 and May 2026, and now $0.24 in August 2026. At the current stock price of $40.20, the trailing twelve-month (TTM) dividend yield stands at 2.29%, with TTM dividend per share of $0.9200. The company has a 5-year dividend compound annual growth rate (CAGR) of 3.5% and has increased its dividend for four consecutive years, demonstrating a solid track record of returning value to shareholders.

What it means for income investors

For income-focused investors, this raise implies an annualized dividend of $0.96 per share based on the new quarterly rate. On a 100-share position, that translates to $96.00 in annual dividend income, up from $92.00 previously. The ex-dividend date of August 20, 2026, is important for investors to note, as they must own shares before that date to qualify for the upcoming payment. This increase, while modest, continues the company's trend of steady, incremental dividend growth, which may appeal to those seeking reliable income streams.

Reporting based on: DividendSmart market data. Figures verified against market data where available.