TerraForm Global (GLBL) Declares $0.275 Quarterly Dividend; 34.7% Yield

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TerraForm Global, Inc. Declares Fourth Quarter Dividend

February 29, 2016 5:16 PM EST

BETHESDA, Md., Feb. 29, 2016 (GLOBE NEWSWIRE) -- TerraForm Global, Inc. (Nasdaq: GLBL), a global owner and operator of clean energy power plants, today announced that its Board of Directors declared its 4Q 2015 dividend on the Company's Class A common stock of $0.275 per share. This represents a dividend of $1.10 per share on an annualized basis. The dividend is payable on March 17, 2016 to shareholders of record as of March 10, 2016.

As a first-time filer, TerraForm Globals annual Form 10-K report is required to be filed by March 30, 2016, and the Company expects... More