NRG Energy announced that its board of directors declared a quarterly dividend on the company’s common stock of 40.75c per share, or $1.63 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 15 to stockholders of record as of February 1.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on NRG:
- NRG Energy price target raised to $51 from $48 at Seaport Research
- NRG Energy price target raised to $49 from $42 at BMO Capital
- NRG Energy’s (NYSE:NRG) CEO Departs amid Management Shakeup
- NRG Energy backs FY23 adjusted EBITDA view $3.15B-$3.3B
- NRG Energy CEO Mauricio Gutierrez departs, Lawrence Coben named interim CEO