DIVIDEND ANNOUNCEMENT: El Paso Electric Company (NYSE:EE) on 02/28/2020 declared a dividend of $0.3850 per share

El Paso Electric Company (NYSE:EE) on 02/28/2020 declared a dividend of $ 0.3850 per share payable on March 31, 2020 to shareholders of record as of March 17, 2020.

El Paso Electric Company (NYSE:EE) has paid dividends since 2011, has a current dividend yield of 2.2673733234% and has increased its dividends for 8 successive years.

El Paso Electric Company's market cap is $ 2,767,875,840 and has a PE ratio of 29.15. The stock price closed yesterday at $ 67.92 and has a 52 week low/high of $ 53.19 and $ 74.44.

El Paso Electric is a public utility engaged in the generation, transmission and distribution of electricity in west Texas and southern New Mexico. Co. also serves wholesale customers in Texas. Co. distributes electricity to retail customers principally in El Paso, TX and Las Cruces, NM. In addition, Co.'s wholesale sales include sales for resale to other electric utilities and power marketers. Principal industrial, public authority and other retail customers of Co. includes U.S. military installations, such as Fort Bliss in Texas and White Sands Missile Range and Holloman Air Force Base in New Mexico, an oil refinery, medical centers, universities and a steel production facility.

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