Dynegy Approves Dividend on Mandatory Convertible Preferred Stock

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 February 1, 2017 to stockholders of record of the Mandatory Convertible Preferred Stock on January 15, 2017. The dividend is for the dividend period beginning on November 1, 2016 and ending on January 31, 2017.

ABOUT DYNEGY

At Dynegy, we generate more than just power for our customers. We are committed to being a leader in the electricity sector. Throughout the Midwest and Northeast, Dynegy operates power generating facilities capable of producing nearly 25,000 megawatts of electricity—or enough energy to power about 21 million American homes. We’re proud of what we do, but it’s about much more than just output. We’re always striving to generate power safely and responsibly for our wholesale and retail electricity customers who depend on that energy to grow and thrive.

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Dynegy Inc.
Media: David Onufer, 713.767.5800
or
Analysts: 713.507.6466

Source: Dynegy Inc.

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