Clearway Energy, Inc. (NYSE:CWEN.A) to Issue Dividend Increase – $0.42 Per Share

Clearway Energy, Inc. (NYSE:CWEN.A) announced a quarterly dividend on Thursday, October 31st, Wall Street Journal reports. Shareholders of record on Monday, December 2nd will be paid a dividend of 0.424 per share on Monday, December 16th. This represents a $1.70 dividend on an annualized basis and a yield of 6.50%. The ex-dividend date is Monday, December 2nd. This is a boost from Clearway Energy’s previous quarterly dividend of $0.42.

Clearway Energy Stock Up 8.6 %

Shares of NYSE:CWEN.A traded up $2.07 on Thursday, hitting $26.10. The company had a trading volume of 393,420 shares. The business has a 50-day moving average of $26.43 and a 200 day moving average of $24.87.

Clearway Energy Company Profile

Clearway Energy, Inc operates in the renewable energy business in the United States. The company operates through Conventional and Renewables segments. It has approximately 6,000 net MW of installed wind, solar, and energy generation projects; and approximately 2,500 net MW of natural gas-fired generation facilities.