Dynegy Approves Dividend on Mandatory Convertible Preferred Stock
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HOUSTON--(BUSINESS WIRE)-- Dynegy Inc. (NYSE: DYN) announced that its Board of Directors declared a dividend of $1.34375 per share on the outstanding 5.375% Series A Mandatory Convertible Preferred Stock that will be paid on August 1, 2016 to stockholders of record of the Mandatory Convertible Preferred Stock on July 15, 2016. The dividend is for the dividend period beginning on May 1, 2016 and ending on July 31, 2016.
About Dynegy
We are committed to leadership in the electricity sector. With nearly 26,000 megawatts of power generation capacity and two retail electricity companies, Dynegy is capable of supplying 21 million homes with safe, reliable and economic energy. Homefield Energy and Dynegy Energy Services are retail electricity providers serving businesses and residents in Illinois, Ohio and Pennsylvania.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160701005118/en/
Dynegy Inc.
Media:
Micah Hirschfield, 713-767-5800
Analysts:
Rodney
McMahan, 713-507-6466
Source: Dynegy Inc.
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