CenterPoint Energy's (NYSE:CNP) Shareholders Will Receive A Bigger Dividend Than Last Year

CenterPoint Energy (NYSE:CNP) announced an increased dividend of $0.23 per share, payable on March 12, despite its yield of 2.2% still being relatively low. While the company’s earnings currently cover the dividend, a lack of free cash flow might be a concern, although future earnings per share are projected to rise significantly. The company has a history of dividend volatility, but its strong EPS growth over the past five years suggests potential for future dividend growth.