Highest Paying Dividend Stocks – In Focus ETR

Entergy Corporation (ETR) is one of the highest paying dividend stocks on the market. But we feel it is not one of the best dividend paying stocks on the market. We will explain why in this report.

Background

Entergy Corporation (ETR) is an integrated energy company headquartered in New Orleans, Louisiana, and primarily engaged in providing electric power to over 2.8 million users in Arkansas, Louisiana, Mississippi, and Texas.

Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity. Entergy operates in two segments: Utilities and Entergy Wholesale Commodities. It has annual revenues of approximately $11.5 billion and more than 13,000 employees.

Stock Fundamentals

ETR is a large energy company whose operating performance has not been bad, but not particularly promising either. We feel its future growth prospects are low, even relative to the utility industry. And it is this feature that compelled us to give it a below average rating for its overall fundamentals.

ETR has an attractive dividend yield, even relative to utility companies. However, we still do not think that this compensates for its other shortcomings. We do not feel that ETR is one of the best dividend stocks we cover.

Stat Sheet – Entergy Corporation 4/15/16

   
Ticker ETR
Industry Electric Utilities
Price $ 76.12
Market Cap  $ 13,637
Dividend Yield 4.47
Dividend/CFOp 0.182
Equity/Assets 0.203
Average Equity/Assets 0.217
Financial Strength Average
Growth Prospects Below Average
Beta 0.32
Price Volatility Below Average
Stock Fundamentals D

(Our assessment of this firm’s fundamentals will be in effect for the rest of calendar year 2016)

We do not bat a thousand. There will be firms that we give a very low rating that end up doing quite well. It is possible that ETR will be one of them. However, on average, our ratings have worked exactly as they were designed.

If you would like to see our Comprehensive Fundamental Ratings on all 2,000 companies we follow, login to your account and access the tab entitled “Vershire Data & Ratings.”

If you would like to see other stocks we would consider our best monthly dividend stocks (as well as stocks that have other characteristics we feel are admirable) click the link below.

Top Dividend Paying Stocks and More

If you would like to see why we have a penchant for the best monthly dividend stocks, click the link below.

Why the Best Monthly Dividend Stocks.

Disclaimer – Information contained herein has been obtained from sources believed to be reliable. Neither the author nor the publisher guarantees the accuracy or completeness of the information and methods described. This information is offered as general commentary only. It is not intended as investment advice. Investment and trading of securities involves risk, including of loss of capital. Market conditions change over time, and no assurance can be given that a reader may apply the principles described to make a profit. The author and publisher expressly disclaim all and any liability to any person for any investment or trading decisions that the reader may make in reliance on this information.

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Highest Paying Dividend Stocks – In Focus ETR

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