Eversource Energy Dividend Increase -

Eversource Energy Dividend Increase

Feb 01, 2025Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashOn Jan. 29, 2025, Eversource Energy (ES) increased its dividend by 5.24%, from 71.50 cents to 75.25 cents per share. The dividend is payable on March 31 to shareholders of record on March 4.The stock’s contribution to my portfolio’s projected annual dividend income will increase by $45 to $903.I own 300 shares of Eversource Energy at an average cost basis of $62.02 per share. Following this increase, my yield on cost is 4.85% (the stock’s forward yield is 5.22% at $57.68 per share).Since opening my position in January 2024, Eversource Energy has generated a total return of -2%, including $858 in dividend income. That’s a disappointing annualized rate of return of -2.2%.More By This Author:Elevance Health Dividend IncreaseAlliant Energy Dividend IncreaseAir Products And Chemicals Dividend Increase