Why CenterPoint Energy (CNP) is a Top Dividend Stock for Your Portfolio

CenterPoint Energy (CNP), a Houston-based utility company, is highlighted as an attractive dividend stock with a current yield of 2.45% and an annualized dividend of $0.96, up 9.1% year-over-year. The company has increased its dividend 5 times over the last 5 years with an average annual increase of 8.33%. With a conservative 48% payout ratio and expected earnings growth of 8.52% for 2026, CNP holds a Zacks Rank of #2 (Buy), making it a compelling investment opportunity for income-focused investors.