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05 June
ES Named Top 25 SAFE Dividend Stock Increasing Payments For Decades

Eversource Energy (Symbol: ES) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.7% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, Eversource Energy is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.27% of the SPDR S&P Dividend ETF (SDY), which holds $257,804,700 worth of ES shares.

Eversource Energy (Symbol: ES) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

The annualized dividend paid by Eversource Energy is $2.86/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 05/15/2024. Below is a long-term dividend history chart for ES, which the report stressed as being of key importance.

ES+Dividend+History+Chart

ES operates in the Electric Utilities sector, among companies like NextEra Energy Inc (NEE), and Southern Company (SO).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.