HOUSTON, Oct. 17, 2019 /PRNewswire/ -- CenterPoint Energy,
Inc.'s (NYSE: CNP) board of directors today declared dividends on
shares of its common stock and Series B Mandatory Convertible
Preferred Stock.
Common Stock Dividend
The company's board of directors declared a regular quarterly
cash dividend of $0.2875 per share of
common stock payable on Dec. 12, 2019
to shareholders of record as of the close of business on
Nov. 21, 2019.
Series B Preferred Stock Dividend
The company's board of directors declared a regular quarterly
cash dividend of $17.5000 per share
on its 7.00% Series B Mandatory Convertible Preferred Stock payable
on Dec. 2, 2019 to shareholders of
record as of the close of business on Nov.
15, 2019. This equates to $0.8750 per depositary share (NYSE: CNPPRB), each
of which represents a 1/20th interest in a share of the
Series B Mandatory Convertible Preferred Stock.
Headquartered in Houston,
Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy
delivery company with regulated utility businesses in eight states
and a competitive energy businesses footprint in nearly 40 states.
Through its electric transmission & distribution, power
generation and natural gas distribution businesses, the company
serves more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy's competitive energy
businesses include natural gas marketing and energy-related
services; energy efficiency, sustainability and infrastructure
modernization solutions; and construction and repair services for
pipeline systems, primarily natural gas. The company also owns 53.8
percent of the common units representing limited partner interests
in Enable Midstream Partners, LP, a publicly traded master limited
partnership that owns, operates and develops strategically located
natural gas and crude oil infrastructure assets. With approximately
14,000 employees and nearly $34
billion in assets, CenterPoint Energy and its predecessor
companies have been in business for more than 150 years. For more
information, visit CenterPointEnergy.com.
This news release includes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based upon assumptions of
management which are believed to be reasonable at the time made and
are subject to significant risks and uncertainties. Actual events
and results may differ materially from those expressed or implied
by these forward-looking statements. Any statements in this news
release regarding future events and any other statements that are
not historical facts are forward-looking statements. Each
forward-looking statement contained in this news release speaks
only as of the date of this release.
For more information contact
Media:
Alicia Dixon
Phone 713.207.5885
Investors:
Dave Mordy
Phone 713.207.6500
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SOURCE CenterPoint Energy, Inc.