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Evergy Inc. (EVRG) logo

Evergy Inc.

S&P 500
EVRG|Utilities|Utilities - Regulated Electric|$81.78|P/E 21.8|MCap 18.9B|NASDAQ

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

61/ 100Safe

EVRG's dividend appears safe and well-supported. Strengths include a 72.5% earnings payout ratio & 30.5% cfo payout ratio. Areas of concern: 81.6% fcf payout ratio & 2.4x interest coverage. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Profit Margin Stability: Very StableProfit margins have stayed stable through cycles.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Current Ratio: 0.4xLimited short-term liquidity to meet obligations.
  • 5-Year Dividend CAGR: -5.4%Dividend growth has been weak or negative.
  • FCF Payout Ratio: 81.6%Free cash flow is tight relative to the dividend.

Payout & Coverage

Caution
Earnings Payout Ratio
72.5%Safe
FCF Payout Ratio
81.6%Warning
CFO Payout Ratio
30.5%Safe
Interest Coverage
2.4xWarning

Balance Sheet

Caution
Net Debt / Total Assets
44.7%Caution
Current Ratio
0.4xDanger
Debt-to-Equity
155.6Safe

Profitability

Safe
Return on Equity
8.9%Caution
Operating Margin
22.1%Safe
Gross Margin
47.4%Safe
Profit Margin Stability
Very StableVery Safe

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
-5.4%Danger
Earnings Stability
GrowingVery Safe

About Evergy Inc.

Evergy Inc. is a regulated electric utility company serving eastern Kansas and western Missouri through major subsidiaries including Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission. The company generates, transmits, distributes, and sells electricity to residential, commercial, industrial, municipal, and utility customers across its service territories. Evergy produces electricity from diverse sources including coal, natural gas, nuclear power, and renewable energy resources such as wind and solar, positioning itself as one of the largest wind energy suppliers in the United States. With a combined rate base exceeding $20 billion—split between Kansas, Missouri, and interstate transmission operations—Evergy operates as a holding company focused on the regulation of electric utilities and development of electric transmission infrastructure. The company maintains a commitment to dividend distributions and participates in exploring advanced energy solutions to meet evolving power demand across its regions.

Dividend Overview

Dividend Yield

3.36%

Annual Dividend

$2.75

Frequency

Quarterly

Payout Ratio

72.47%

FCF Payout Ratio

81.56%

Stock Price

$81.78

52-Week Range

$63.29 $85.27

Dividend History (2016–2025)

EVRG annual dividend per share and yield history

Earnings & Profitability

EVRG earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

May 22, 2026

Last Payment Date

March 20, 2026

Dividend Growth

3-Year Dividend CAGR

5.00%

5-Year Dividend CAGR

-5.42%

10-Year Dividend CAGR

6.48%

3-Year Total Growth

15.77%

5-Year Total Growth

-24.33%

10-Year Total Growth

87.33%

Income Calculator

EVRG Dividend Calculator

Total Investment

$8,178.00

Annual Income

$275.25

Quarterly Income

$68.81

Monthly Income

$22.94

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Frequently Asked Questions

What is EVRG's current dividend yield?
Evergy Inc. (EVRG) currently has a dividend yield of 3.36%, based on a stock price of $81.78 and an annual dividend of $2.75.
When is EVRG's next dividend payment date?
EVRG's next ex-dividend date is 2026-05-22 and the next payment date is 2026-03-20. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does EVRG pay in dividends per year?
Evergy Inc. paid $2.70 per share in annual dividends in 2025. The dividends are paid quarterly.
Has EVRG been increasing its dividend?
Evergy Inc. has grown its dividend at a 5-year CAGR of -5.42% and a 10-year CAGR of 6.48%.
Is EVRG's dividend safe?
Evergy Inc. has a payout ratio of 72.47%. Its free cash flow payout ratio is 81.56%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is EVRG's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Evergy Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.