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

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NRG Energy, Inc. Announces Quarterly Dividend

January 21, 2020 5:40 PM EST

PRINCETON, N.J.--(BUSINESS WIRE)-- NRG Energy, Inc. (NYSE: NRG) today announced that its Board of Directors declared a quarterly dividend on the Companys common stock of $0.30 per share, or $1.20 per share on an annualized basis. The dividend is payable on February 18, 2020 to stockholders of record as of February 3, 2020.

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... More