03-31-2022
USD/share | |
Price | 88.19 |
Dividend | 2.55 |
Earnings | 3.56 |
Cash-flow | 5.73 |
Book value | 42.00 |
Equity | 41.88 |
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 paid a total dividend of 875 million USD last year, for a market value of 30,249 millions (Market Cap 30,210 millions). Dividend per share of Eversource Energy is 2.55 USD, and his stock market price 88.19 USD.
According to the chart below, where dividend yield is displayed, Eversource Energy has a dividend yield of 2.89%, 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 dividend yield with other Electricity companies or firms from USA.
Eversource Energy Dividend Payout
About the ability of Eversource Energy to maintain his current dividend of USD 2.55 per share, an amount that accounts for 2.89%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Eversource Energy payout on ernings is currently 71.63%, which is higher than the market average, and companies of Utilities industry, which are 38.25% and 54.88% 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 5.73 per share, which is higher than the dividend per share paid by the company of USD 2.55, 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
Year | Yield | USD | Paypout | Shares* |
Present | 2.89% | 2.55 | 71.63% | 343 |
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
Eversource Energy Stock performance
Finally, last moth Eversource Energy showed a return of 7.80% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 1.80% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for USA and Electricity firms.