Entergy Corp. (Symbol: ETR) has been named as a Top 10 dividend
paying utility stock, according to
, which published its weekly
report. The report noted that among utilities, ETR shares displayed
both attractive valuation metrics and strong profitability metrics.
For example, the recent ETR share price of $62.58 represents a
price-to-book ratio of 1.2 and an annual dividend yield of 5.31% -
by comparison, the average utility stock in Dividend Channel's
coverage universe yields 4.1% and trades at a price-to-book ratio
of 1.9. The report also cited the strong quarterly dividend history
at Entergy Corp., and favorable long-term multi-year growth rates
in key fundamental data points.
The report stated, ''
Dividend investors approaching investing from a value
standpoint are generally most interested in researching the
strongest most profitable companies, that also happen to be trading
at an attractive valuation. That's what we aim to find using our
proprietary DividendRank formula, which ranks the coverage universe
based upon our various criteria for both profitability and
valuation, to generate a list of the top most 'interesting' stocks,
meant for investors as a source of ideas that merit further
The annualized dividend paid by Entergy Corp. is $3.32/share,
currently paid in quarterly installments, and its most recent
dividend ex-date was on 02/11/2014. Below is a long-term dividend
history chart for ETR, which Dividend Channel stressed as being of
key importance. Indeed, studying a company's past
can be of good help in judging whether the most recent dividend is
likely to continue.
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