NRG Energy (NRG) Raises Quarterly Dividend 900% to $0.30; 3.1% Yield

(Updated - January 21, 2020 5:46 PM EST)

NRG Energy (NYSE: NRG) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 900% increase from the prior dividend of $0.03.

The dividend will be payable on February 18, 2020, to stockholders of record on February 3, 2020, with an ex-dividend date of January 31, 2020.

The annual yield on the dividend is 3.1 percent.

“Our stable and predictable cash flow affords us the ability to meaningfully return capital to our shareholders,” said Mauricio Gutierrez, NRG President and Chief Executive Officer. “With our recent increase to the quarterly dividend, NRG is continuing to execute on our disciplined capital allocation principles.”

For a dividend history and other dividend-related data on NRG Energy (NRG) click here.

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