Via Renewables, Inc. (NASDAQ:VIASP) to Issue Quarterly Dividend of $0.70

Via Renewables, Inc. (NASDAQ:VIASP) announced a quarterly dividend on Thursday, January 16th,Wall Street Journal reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.6963 per share on Tuesday, April 15th. This represents a $2.79 dividend on an annualized basis and a yield of 12.01%. The ex-dividend date is Tuesday, April 1st.

Via Renewables has raised its dividend by an average of 10.8% per year over the last three years.

Via Renewables Stock Down 0.5 %

Shares of NASDAQ VIASP traded down $0.11 during midday trading on Thursday, reaching $23.20. 4,193 shares of the company traded hands, compared to its average volume of 4,369. Via Renewables has a 12 month low of $16.13 and a 12 month high of $24.35. The stock’s 50-day simple moving average is $22.52 and its 200-day simple moving average is $21.40.

About Via Renewables

Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers.