NRG Yield (NYLD) Tops Q4 EPS by 24c

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NRG Yield, Inc. Reports Fourth Quarter 2016 Financial Results, Announces Agreements with NRG on Next Drop Down and Right of First Offer Pipeline Expansion

February 28, 2017 7:00 AM EST

Strong cash from operations and Cash Available for Distribution (CAFD) with an increase in the annualized dividend by 16.3% Announced 4% quarterly dividend increase to $0.26 per share in the first quarter 2017; continue to target annualized dividend per share growth of 15% through 2018 Enhanced financial flexibility during 2016 with over $200 million in available cash for growth at year end Executed agreements with NRG Energy, Inc. (NYSE: NRG) to acquire 311 net MWs of utility-scale solar... More