CenterPoint Energy, Inc. (NYSE:CNP) [Trend Analysis] knocking active thrust in leading trading session, shares a gain of 1.23% to 25.11 with around 543106 shares have changed hands in this session. CenterPoint Energy, Inc. (CNP) reported that Board of Directors declared a regular quarterly cash dividend of $0.2675 per share of common stock, payable on March 10, 2017, to shareholders of record at the close of business on Feb. 16, 2017.
This represents a 4 percent increase from the previous quarterly dividend of $0.2575 and if annualized would equate to $1.07 per share.”The growth rate in our dividend is supported by solid earnings growth across all business sections,” said Scott M. Prochazka, president and chief executive officer of CenterPoint Energy. “The 4 percent increase is consistent with recent increases and marks the 12thconsecutive year we have surged the dividend.” The stock is going forward its fifty-two week’s low with 60.96% and lagging behind from its 52-week’s high price with -0.02%.
Similar, the positive performance for the quarter recorded as 12.27% and for the year was 43.03%, while the YTD performance remained at 0.69%. CNP has Average True Range for 14 days of 0.35.
General Motors Company (NYSE:GM) [Trend Analysis] retains strong position in active trade, as shares scoring -0.22% to $36.31 in a active trade session, while looking at the shares volume, around 2.03 Million shares have changed hands in this session. General Motors Co (GM) will begin on Feb. 1 a $1,500-per-month on-demand concierge subscription service for Cadillac cars and SUVs in New York, a program it hopes will expand to major cities in the United States, Cadillac said on Thursday.
GM and Cadillac will maintain a small fleet of Cadillac cars and Escalade SUVs to serve dozens of clients for the initial phase of the luxury service, which company executives hope will attract first-time drivers of GM’s luxury models.The idea of offering consumers access to an array of models in return for a flat subscription fee has been discussed among auto executives for years.Cadillac claims its “Book by Cadillac” service is the “first of its kind.” The firm has institutional ownership of 73.00%, while insider ownership included 4.66%. GM attains analyst recommendation of 2.50 with week’s performance of 3.53%. Investors looking further ahead will note that the Price to next year’s EPS is -4.81%.
