Question · Q3 2025
Greg Orill asked about the direction of the dividend payout ratio beyond 2028.
Answer
CEO Patti Poppe reiterated the plan to grow the dividend to a 20% payout ratio by 2028 and maintain that level through 2030.
Research Analyst at UBS Asset Management Americas Inc.
Gregg Orrill is an Executive Director and Equity Analyst at UBS Securities LLC, specializing in utilities sector research with coverage of major US utility companies such as NRG Energy and Essential Utilities. Over his tenure at UBS, Orrill has issued over 200 ratings and maintained a success rate of 57% on TipRanks, though his average return per rating stands at -1.7%, reflecting a challenging sector landscape. He began his analyst career at Lehman Brothers and Barclays Capital before joining UBS in late 2017, bringing extensive experience in equity research. Orrill is FINRA-registered and recognized for his in-depth analysis in the utilities space, consistently providing actionable investment insights to institutional clients.
Greg Orill asked about the direction of the dividend payout ratio beyond 2028.
CEO Patti Poppe reiterated the plan to grow the dividend to a 20% payout ratio by 2028 and maintain that level through 2030.
Greg Orill inquired about the direction of the dividend payout ratio beyond 2028.
Carolyn Burke, EVP and CFO, reiterated the company's plan to grow the dividend to a 20% payout ratio by 2028 and maintain that level through 2030.
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