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Serhii Bondarenko's Avatar
published in Blogs
May 15, 2023

CNP to Pay $0.19 Dividend per Share on June 08, 2023

CenterPoint Energy (CNP), a prominent electric and natural gas utility company, is scheduled to pay dividends on June 08, 2023. Dividends provide an attractive opportunity for investors seeking regular income from their stock holdings. In this article, we will explore the upcoming dividend payment by CNP, its significance for investors, and an interesting pair trading opportunity with Pair Trader Electric Utilities, Services, Real Estate, Precious Metals (TA).

On June 08, 2023, CenterPoint Energy (CNP) is set to distribute a dividend of $0.19 per share. The record date for this dividend is also June 08, 2023, meaning shareholders who are registered on this date will receive the dividend. However, it's crucial to note that the ex-dividend date is on May 17, 2023, several business days before the record date.

The ex-dividend date is significant for investors as it determines whether they will be eligible to receive the upcoming dividend. If an investor purchases CNP shares on or after the ex-dividend date (May 17, 2023), they will not receive the dividend payment. Instead, the dividend amount is retained by the seller of the shares. On the other hand, if an investor buys CNP shares before the ex-dividend date, they become eligible to receive the dividend.

Pair trading is a popular trading strategy that involves taking both long and short positions in two correlated instruments to benefit from their relative performance. In this case, we can explore a pair trading opportunity with Pair Trader Electric Utilities, Services, Real Estate, Precious Metals (TA).

Pair trading involves analyzing the historical price relationship between two instruments and taking advantage of any deviations from their usual correlation. By going long on one stock and short on the other, traders can profit from the convergence of their prices.

To execute a pair trade involving CNP and TA, traders would need to conduct in-depth analysis of the price movements, historical correlations, and fundamental factors affecting these stocks. A quantitative approach using statistical models, such as cointegration and mean reversion, can be employed to identify optimal entry and exit points for the trade.

Related Ticker: CNP

CNP's RSI Oscillator climbs out of oversold territory

The RSI Indicator for CNP moved out of oversold territory on June 23, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 18 similar instances when the indicator left oversold territory. In of the 18 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 25, 2025. You may want to consider a long position or call options on CNP as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CNP just turned positive on June 26, 2025. Looking at past instances where CNP's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CNP advanced for three days, in of 342 cases, the price rose further within the following month. The odds of a continued upward trend are .

CNP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where CNP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

CNP moved below its 50-day moving average on June 04, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CNP crossed bearishly below the 50-day moving average on June 09, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CNP entered a downward trend on July 01, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 66, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CNP’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.861) is normal, around the industry mean (1.710). P/E Ratio (20.745) is within average values for comparable stocks, (23.490). Projected Growth (PEG Ratio) (2.161) is also within normal values, averaging (2.640). Dividend Yield (0.027) settles around the average of (0.069) among similar stocks. P/S Ratio (2.069) is also within normal values, averaging (3.122).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

Notable companies

The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG), Dominion Energy (NYSE:D), NRG Energy (NYSE:NRG).

Industry description

Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc. and Southern Company are among U.S. electric utilities companies with the largest market capitalizations.

Market Cap

The average market capitalization across the Electric Utilities Industry is 18.65B. The market cap for tickers in the group ranges from 500 to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is SLTZ at 500.

High and low price notable news

The average weekly price growth across all stocks in the Electric Utilities Industry was 1%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was 11%. SUME experienced the highest price growth at 33%, while CNLHO experienced the biggest fall at -13%.

Volume

The average weekly volume growth across all stocks in the Electric Utilities Industry was -36%. For the same stocks of the Industry, the average monthly volume growth was -35% and the average quarterly volume growth was -3%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 40
P/E Growth Rating: 64
Price Growth Rating: 53
SMR Rating: 78
Profit Risk Rating: 66
Seasonality Score: 21 (-100 ... +100)
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General Information

a provider of power generation and electrical distribution services

Industry ElectricUtilities

Profile
Fundamentals
Details
Industry
Electric Utilities
Address
1111 Louisiana
Phone
+1 713 207-1111
Employees
15001
Web
https://www.centerpointenergy.com