NRG Energy (NRG) announced that its board of directors declared a quarterly dividend on the company’s common stock of 44c per share, or $1.76 per share on an annualized basis. This dividend represents an 8% increase from the prior year, in line with the company’s previously announced annual dividend growth rate target of 7-9% per share, NRG stated. The dividend is payable on February 18 to stockholders of record as of February 3.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NRG:
- NRG Energy upgraded to Outperform from In Line at Evercore ISI
- NRG Energy CFO sells $1.95M in common stock
- Early notable gainers among liquid option names on January 3rd
- Early notable gainers among liquid option names on November 26th
- NRG Energy upgraded to Buy at Jefferies on cross-selling confidence