|Bid||106.26 x 800|
|Ask||106.72 x 900|
|Day's Range||105.78 - 107.14|
|52 Week Range||85.78 - 113.36|
|Beta (5Y Monthly)||0.52|
|PE Ratio (TTM)||15.46|
|Earnings Date||Apr 28, 2021|
|Forward Dividend & Yield||3.80 (3.56%)|
|Ex-Dividend Date||May 05, 2021|
|1y Target Est||112.56|
(Bloomberg) -- New York Attorney General Letitia James reached a provisional agreement with Holtec International Corp. on the retirement and cleanup of Entergy Corp.’s Indian Point nuclear plant upstate.The agreement still needs to be approved by the New York State Public Service Commission, the state attorney general’s office said in a statement Thursday. Once that happens, Holtec would take over ownership of the power plant and would be responsible for decommissioning and cleaning up the plant and site.Under the agreement, Holtec has to keep at least $400 million in a decommissioning trust fund for a decade and has to put half of the money it gets from the Department of Energy for spent fuel management costs into that fund.Decommissioning a nuclear power plant involves decontaminating the facility to reduce radioactivity, dismantling the structures and taking care of used nuclear fuel, according to the Nuclear Energy Institute, a nuclear trade association. In January, James filed a lawsuit against the Nuclear Regulatory Commission to intervene in the decommissioning.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Subsidiaries of Entergy Corporation and Holtec International, along with the New York State Department of Public Service Staff, the New York State Office of the Attorney General, the New York State Department of Environmental Conservation, the New York State Energy Research and Development Authority, the New York State Division of Homeland Security and Emergency Services, Westchester County, Hendrick Hudson School District, Town of Cortlandt, Village of Buchanan, Riverkeeper, Inc., and the Public Utility Law Project of New York, Inc, today filed a Joint Proposal with the New York Public Service Commission, which reflects a comprehensive settlement of the issues raised in the proceeding concerning the proposed post-shutdown transfer of Indian Point to subsidiaries of Holtec for decommissioning. The parties to the Joint Proposal recommend that the PSC adopt the proposal and approve the post-shutdown transfer of Indian Point from Entergy to Holtec.
The board of directors of Entergy Corporation (NYSE: ETR) has declared a quarterly dividend payment of $0.95 per share on the company's common stock. The dividend is payable June 1, 2021, to shareholders of record as of May 6, 2021.