CNP's $48.5 billion capital plan, strong dividend growth and renewable energy push make it a standout in utility investing now.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CenterPoint Energy (CNP) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CenterPoint Energy (CNP) have what it takes?
CNP is a strong pick, given its long-term growth potential, consistent investment plan and ability to increase shareholder value through regular dividends.
Here is how CenterPoint Energy (CNP) and Atmos Energy (ATO) have performed compared to their sector so far this year.
After losing some value lately, a hammer chart pattern has been formed for CenterPoint (CNP), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Amid rising demand for electricity and an increase in the unit price of electricity, utilities like ED, DTE, CNP and EVRG are set to benefit from strong demand from their stable customer base.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CenterPoint Energy (CNP) have what it takes?
Five S&P 500 stocks flying high year to date are: NFLX, PM, NEM, CNP, EXC.
Here is how CenterPoint Energy (CNP) and Atmos Energy (ATO) have performed compared to their sector so far this year.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does CenterPoint Energy (CNP) have what it takes?
CenterPoint Energy has shown strong performance, with a 30% increase in shares over the past year, driven by growth in the Houston market and a large CapEx program. Q1 results were solid, despite a 4% earnings decline due to increased financing costs; long-term growth remains strong with favorable demographics and strategic capital spending. The company's capital program is focused on resilience and efficiency, with a $1 billion increase in its 10-year plan, and future equity issuance is planned to fund this.