Evergy Inc. (EVRG) To Go Ex-Dividend on May 22nd

Evergy Inc. (NASDAQ:EVRG) declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Friday, May 22nd will be given a dividend of 0.695 per share on Thursday, June 18th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Friday, May 22nd.

Evergy has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 20 years. Evergy has a dividend payout ratio of 65.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Evergy to earn $4.55 per share next year, which means the company should continue to be able to cover its $2.78 annual dividend with an expected future payout ratio of 61.1%.

Evergy Price Performance

EVRG stock opened at $82.97 on Wednesday. The company has a market capitalization of $19.13 billion, a P/E ratio of 22.01, a price-to-earnings-growth ratio of 2.13 and a beta of 0.56. The business has a 50-day simple moving average of $81.88 and a two-hundred day simple moving average of $78.45. Evergy has a 52-week low of $64.70 and a 52-week high of $85.27. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.24 and a current ratio of 0.45.

Evergy (NASDAQ:EVRG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.27 billion. Evergy had a return on equity of 9.09% and a net margin of 14.63%.Evergy’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.54 EPS. Evergy has set its FY 2026 guidance at 4.140-4.340 EPS. Research analysts expect that Evergy will post 4.25 EPS for the current fiscal year.

About Evergy

Evergy, Inc is a regulated electric utility that generates, transmits and distributes electricity to residential, commercial and industrial customers primarily across Kansas and western Missouri. The company provides core utility services including retail electric delivery, grid operations, customer service and outage restoration, operating under state regulatory frameworks. Evergy serves a mix of urban and rural communities, including portions of the Kansas City metropolitan area and other population centers in its service territory.

The company’s business activities span power generation, system planning, transmission and distribution infrastructure, and customer-facing programs such as energy efficiency and demand-side management.