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CenterPoint Energy raises quarterly dividend by 4%

CenterPoint Energy Inc. raised its quarterly common stock dividend by about 4% to 27.75 cents per share, or $1.11 per share on annualized basis.

The quarterly dividend is payable March 8, 2018, to shareholders of record at the close of business Feb. 15, 2018.

The company said it will start utilizing a standardized payment schedule for future dividends with dividends payable on the second Thursday of March, June, September and December to shareholders of record at the close of business on the third Thursday of February, May, August and November, according to a Dec. 13 press release.