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CenterPoint Energy, inc (CNP) Q2 2021 Earnings Call Transcript
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CenterPoint Energy, inc (CNP) Q2 2021 Earnings Call Transcript
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Operator
Good morning, and welcome to CenterPoint Energy s First Quarter 2021 Earnings Conference Call with Senior Management. [Operator Instructions]
I would now like to turn the call over to Phil Holder, Senior Vice President of Strategic Planning and Investor Relations. Mr. Holder?
Philip Holder
Senior Vice President of Strategic Planning & Investor Relations
Good morning, everyone. Welcome to CenterPoint s earnings conference call. Dave Lesar, our CEO; Jason Wells, our CFO; and Tom Webb, our Senior Adviser, will discuss the company s first quarter 2021 results. Management will discuss certain topics that will contain projections and other forward-looking information and statements that are based on management s beliefs, assumptions and information currently available to management. These forward-looking statements are subject to risks and uncertainties. Actual results could differ materially based upon various factors as noted in our Form 10-Q, other SEC filings and our e
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HOUSTON, April 23, 2021 /PRNewswire/ CenterPoint Energy, Inc. s (NYSE: CNP) board of directors today declared dividends on shares of its Common Stock and Series B Mandatory Convertible Preferred Stock.
Common Stock Dividend
The company s board of directors declared a regular quarterly cash dividend of $0.1600 per share on issued and outstanding shares of Common Stock payable on June 10, 2021 to shareholders of record as of the close of business on May 20, 2021.
Series B Preferred Stock Dividend
The company s board of directors declared a regular quarterly cash dividend of $17.5000 per share on its 7.00% Series B Mandatory Convertible Preferred Stock payable on June 1, 2021 to shareholders of record as of the close of business on May 15, 2021. This equates to $0.8750 per depositary share (NYSE: CNPPRB), each of which represents a 1/20