08-31-2023
USD/share | |
Price | 63.82 |
Dividend | 2.70 |
Earnings | 4.04 |
Cash-flow | 6.86 |
Book value | 45.59 |
Equity | 43.44 |
Eversource Energy is part of Electricity business, which is part of Utilities industry. Eversource Energy is a company from USA, and his stocks are publicly traded.
Eversource Energy stock dividend
Eversource Energy paid a total dividend of 942 million USD last year, for a market value of 22,273 millions (Market Cap 22,206 millions). Eversource Energy dividend per share is 2.70 USD, and his stock market price 63.82 USD.
According to the chart below, where dividend yield is displayed, Eversource Energy has a dividend yield of 4.23%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.
In addition, you should compare Eversource Energy stocks dividend with other Electricity companies or other of the highest USA dividend stocks list.
Eversource Energy Dividend Payout
About the ability of Eversource Energy to maintain his current dividend of USD 2.70 per share, an amount that accounts for 4.23%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Eversource Energy payout on ernings is currently 66.83%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Eversource Energy can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Eversource Energy is USD 6.86 per share, which is higher than the dividend per share paid by the company of USD 2.70, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Eversource Energy, compared againt world market average, USA companies, Utilities industry and Electricity sector companies.
Eversource Energy Dividend History
Below you will find a table with the historical evolution of Eversource Energy's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | USD | Paypout | Shares* |
Present | 4.23% | 2.70 | 66.83% | 349 |
2022 | 3.04% | 2.55 | 72.03% | 345 |
2021 | 2.65% | 2.41 | 68.66% | 343 |
2020 | 2.62% | 2.27 | 85.66% | 343 |
2019 | 2.52% | 2.14 | 66.67% | 324 |
2018 | 3.11% | 2.02 | 64.95% | 317 |
2017 | 3.01% | 1.90 | 63.76% | 317 |
2016 | 3.45% | 1.78 | 64.03% | 316 |
2015 | 3.28% | 1.67 | 64.48% | 316 |
*In millions
Then you can see the evolution of Eversource Energy dividend stock, and compare it with the average of USA stocks and that of the Electricity stocks.
Eversource Energy Stock performance
Finally, last moth Eversource Energy showed a return of -11.80% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -28.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Electricity firms.