00:00
Money for You
Money for You
USD/RUB
EUR/RUB
Market Quotes

Clearway Energy Increases Quarterly Dividend to 46.02 Cents

Clearway Energy announced a 1.6% increase to its quarterly dividend on Tuesday, raising the payout to 46.02 cents per share as the clean energy firm continues to prioritize shareholder returns.

Clearway Energy Increases Quarterly Dividend to 46.02 Cents

The revised distribution, up from the previous 45.38 cents, raises the annualized payout to approximately $1.84 per share. Based on the company's closing stock price of $40.66 on Tuesday, the new dividend provides investors with a yield of 4.5%.

Payout and Record Dates

According to the company's statement, the dividend is scheduled for distribution on March 16. Shareholders of record by the close of business on March 2 will be eligible for the payment.

The clean energy firm continues to focus on asset management and financial stability to support its dividend growth targets. This latest increment aligns with Clearway’s broader objective of providing consistent returns through its diverse portfolio of power-generating assets.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!