CenterPoint Energy, Inc.
CNPUtilities · Stock · quarterly payer
Forward Yield
2.23%
Annual Dividend
$0.96
Payout Ratio
55%
5-Yr Growth
8.0%
Ex-Date
Aug 20, 2026
Frequency
Quarterly
Summary
As of July 2026, CenterPoint Energy, Inc. (CNP) yields 2.23% ($0.96 per share annually), with a blended fair-value estimate of $33.93 — -21% downside, so it screens as overvalued. Dividend safety grade: B (68/100). 5 years of dividend growth.
Is CNP a good dividend stock?
Yes, with caveatsCenterPoint Energy, Inc. (CNP) pays a quarterly dividend yielding 2.23% ($0.96/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (55%)
- Strong 8.0% 5-yr dividend growth
- 72% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 2.23%
- Payout Ratio
- 55%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- 8.0%
- Ex-Dividend Date
- Aug 20, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.45
- Market Cap
- $28.1B
- P/E Ratio
- 26.4
- 5-Yr Total Return
- 72%
- 52-Week Range
- $36.59 – $45.22
- Dividend Safety
- B · 68/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
CNP Price — Last 12 Months
Daily close
Price Return
1 Year
+14%
3 Years
+55%
5 Years
+72%
52-Week Range
$36.59 – $45.22
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CNP worth?
Overvaluedmedium confidenceOur blended fair-value estimate for CenterPoint Energy, Inc. is $33.93 per share, versus a market price of $43.13. That implies 21% of downside.
Fair Value
$33.93
Current Price
$43.13
Downside
-21%
Margin of Safety
-27%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 9.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 9.0% stage-1 growth, 2.5% terminal growth, $1.63 EPS, $0.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CNP Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.2300 | regular |
| Feb 19, 2026 | — | $0.2300 | regular |
| Nov 20, 2025 | — | $0.2200 | regular |
| Aug 21, 2025 | — | $0.2200 | regular |
| May 15, 2025 | — | $0.2200 | regular |
| Feb 20, 2025 | — | $0.2200 | regular |
| Nov 21, 2024 | — | $0.2100 | regular |
| Aug 15, 2024 | — | $0.2000 | regular |
| May 15, 2024 | — | $0.2000 | regular |
| Feb 14, 2024 | — | $0.2000 | regular |
| Nov 15, 2023 | — | $0.2000 | regular |
| Aug 16, 2023 | — | $0.1900 | regular |
| May 17, 2023 | — | $0.1900 | regular |
| Feb 15, 2023 | — | $0.1900 | regular |
Income Calculator
At $0.96 / yr per share
