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Saturday, February 1, 2025

Eversource Energy Dividend Increase

On 29 January, Eversource Energy (ES) increased
 its dividend by 5.24%, from 71.50¢ to 75.25¢ per share. 

The dividend is payable on 31 
March to shareholders of record on 4 March.

ES contribution to DivGro's projected annual dividend income will increase by $45 to $903.
I own 300 shares of ES at an average cost basis of $62.02 per share. Following this increase, my yield on cost is 4.85%. (ES's forward yield is 5.22% at $57.68 per share). 

Since opening my position in January 2024, the stock has generated a total return of -2%, including $858 in dividend income. That's a disappointing annualized rate of return of -2.2%.

5-Year History of Dividend Payouts by Ex-Date
2020 2021 2022 2023 2024 2025
$2.27 $2.41 $2.55 $2.70 $2.86 $3.01
6.07% 6.17% 5.81% 5.88% 5.93% 5.24%
5-year DGR: 5.97% 5.81%

projected, assuming no further changes


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