As the day concludes, Evergy EVRG is preparing to distribute a dividend payout of $0.61 per share, resulting in an annualized dividend yield of 4.20%. This payout is exclusive to investors who held the stock before the ex-dividend date on August 18, 2023.
Evergy Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-18 | 4 | $0.61 | 4.2% | 2023-08-04 | 2023-08-21 | 2023-09-20 |
| 2023-05-18 | 4 | $0.61 | 3.94% | 2023-05-05 | 2023-05-19 | 2023-06-20 |
| 2023-03-08 | 4 | $0.61 | 4.03% | 2023-02-24 | 2023-03-09 | 2023-03-22 |
| 2022-11-17 | 4 | $0.61 | 3.98% | 2022-11-04 | 2022-11-18 | 2022-12-20 |
| 2022-08-18 | 4 | $0.57 | 3.35% | 2022-08-04 | 2022-08-19 | 2022-09-20 |
| 2022-05-19 | 4 | $0.57 | 3.33% | 2022-05-05 | 2022-05-20 | 2022-06-20 |
| 2022-03-04 | 4 | $0.57 | 3.78% | 2022-02-25 | 2022-03-07 | 2022-03-21 |
| 2021-11-18 | 4 | $0.57 | 3.58% | 2021-11-03 | 2021-11-19 | 2021-12-20 |
| 2021-08-19 | 4 | $0.54 | 3.23% | 2021-08-05 | 2021-08-20 | 2021-09-20 |
| 2021-05-20 | 4 | $0.54 | 3.37% | 2021-05-06 | 2021-05-21 | 2021-06-21 |
| 2021-03-05 | 4 | $0.54 | 3.99% | 2021-02-26 | 2021-03-08 | 2021-03-22 |
| 2020-11-19 | 4 | $0.54 | 3.88% | 2020-11-06 | 2020-11-20 | 2020-12-21 |
When comparing Evergy's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Enel Chile ENIC having the highest annualized dividend yield at 10.41%.
Analyzing Evergy Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $1.93 to $2.33, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Evergy
The earnings chart illustrates an increase in Evergy's earnings per share, from $2.66 in 2019 to $3.61 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
In this article, we delve into Evergy's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.61 per share today, resulting in an annualized dividend yield of 4.20%.
When comparing Evergy's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Enel Chile having the highest annualized dividend yield at 10.41%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Evergy appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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