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Dividend Vision

ENJ — Entergy New Orleans Inc Pref

Entergy New Orleans Inc Pref (ENJ)

ENJ pays a 6.31% distribution rate, quarterly. Its Distribution Safety Score™ is 91 (Safe), giving a Safety-Adjusted Yield of 5.74%. Distributions fell 0.1% over the past year. Total return is 62.4% over the past 13.7 years, 533.4 points behind SPY at 595.8%. Its deepest 1-year drawdown was 9.7%.

Entergy New Orleans, LLC is a utility company that provides electric and natural gas services to customers in the New Orleans area, serving approximately 200,000 electricity customers and 106,000 natural gas customers through its distribution networks. This preferred stock carries a high current distribution rate and pays distributions quarterly. It appeals to income-focused investors seeking exposure to essential utility services with regular dividend income.

ENJ key facts

Distribution Safety Score™
91 · Safe
Safety-Adjusted Yield
5.74%
Asset type
Stock
Asset class
Equity
Inception date
12/05/2012
Distribution rate
6.31%
Distribution frequency
Quarterly
Trailing yield
7.87%
Last close
$19.89
Market cap
$172,345,440
Average volume
500.0
Last dividend
$0.3125
Ex-dividend date
08/31/2026
Payment date
09/01/2026
Payout ratio
0.0
P/E ratio
3.3622
Forward P/E
0.0