Eversource Energy has reported stronger-than-expected Q1 results, with a non-GAAP EPS of $1.73, surpassing estimates and underscoring its financial stability. The company has raised its dividend to $3.15 per share, reflecting its commitment to shareholder value, even as it navigates ongoing regulatory scrutiny and rising costs. Additionally, in a strategic move, Eversource plans to sell its Aquarion subsidiary by 2026, while simultaneously exiting a partnership with European utility Orsted, signaling a shift in its operational focus.
“S&P 500 Futures · value · 7409.50 · -0.22%”
“S&P 500 Futures · current value · 7396.25”
“Eversource Energy · trades around · value · $67.02”
“Eversource · raised its dividend · dividend per share · $3.15”
“Eversource · expanded its service territories · with acquisitions · NStar (2012), Aquarion (2017), and Columbia Gas (2020)”
“Eversource · exited its partnership · with European utility Orsted · 50%”
“Eversource · plans to sell · Aquarion · 2026”
“Eversource · exited most of its unregulated businesses · in 2006”
“Eversource Energy · provides service to · more than 4 million customers · in the Northeast US”
“Eversource · had a dividend yield · trailing · 4.42%”
“Eversource · had a market cap · value · $26.19B”
“Eversource · had shares outstanding · number · 376.08M”
