Evergy: Key Dividend Information and Recent Developments Before Ex-Dividend Date on May 23, 2025
CashCowMonday, May 19, 2025 10:06 pm ET
1min readEvergy, Inc. (EVRG) has announced a forthcoming dividend, with key dates including an ex-dividend date of May 23, 2025, and a dividend payment scheduled for Jun 20, 2025. The declared dividend is $0.668 per share, which is slightly higher than the average of the last ten dividends, calculated at $0.638 per share. This dividend is classified as a cash dividend. The most recent dividend was also a cash dividend, paid on Mar 21, 2025, with the same amount of $0.668 per share.
Recently, Evergy's stock has seen notable movements and analyst interest. Over the past week, a analyst raised the price target for from $77.00 to $79.00, reflecting a 2.6% increase and maintaining a "Buy" rating, signaling continued confidence in the company's performance. This adjustment suggests a positive outlook for Evergy amid favorable market conditions and potential growth opportunities within the utility sector. Analysts also indicate that institutional investors have shown significant interest, with 87.24% of Evergy's stock owned by such entities. In a related development, Ensign Peak Advisors Inc has increased its holdings in Evergy by 63.5% during the fourth quarter, showcasing strong institutional confidence in the company's future.
As of late, Evergy's growth projections have been encouraging, with an increase of 2.2% in the Zacks Consensus Estimate for the second-quarter 2025 earnings per share, now standing at $0.95. This reflects positively on the company's financial health and operational performance. Meanwhile, Evergy's strategic infrastructure investments, particularly in grid modernization, are expected to bolster the economies of Kansas and Missouri, indicating a strong alignment with regional economic development initiatives.
In conclusion, Evergy presents a compelling case for investors considering a stake in the utility sector. The ex-dividend date of May 23, 2025, marks the last opportunity for investors to purchase shares and qualify for the upcoming dividend. Any acquisitions made after this date will not include the dividend entitlement for this period.
Recently, Evergy's stock has seen notable movements and analyst interest. Over the past week, a analyst raised the price target for from $77.00 to $79.00, reflecting a 2.6% increase and maintaining a "Buy" rating, signaling continued confidence in the company's performance. This adjustment suggests a positive outlook for Evergy amid favorable market conditions and potential growth opportunities within the utility sector. Analysts also indicate that institutional investors have shown significant interest, with 87.24% of Evergy's stock owned by such entities. In a related development, Ensign Peak Advisors Inc has increased its holdings in Evergy by 63.5% during the fourth quarter, showcasing strong institutional confidence in the company's future.
As of late, Evergy's growth projections have been encouraging, with an increase of 2.2% in the Zacks Consensus Estimate for the second-quarter 2025 earnings per share, now standing at $0.95. This reflects positively on the company's financial health and operational performance. Meanwhile, Evergy's strategic infrastructure investments, particularly in grid modernization, are expected to bolster the economies of Kansas and Missouri, indicating a strong alignment with regional economic development initiatives.
In conclusion, Evergy presents a compelling case for investors considering a stake in the utility sector. The ex-dividend date of May 23, 2025, marks the last opportunity for investors to purchase shares and qualify for the upcoming dividend. Any acquisitions made after this date will not include the dividend entitlement for this period.
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