NRG Yield (NYLD) Raises Quarterly Dividend 2.4% to $0.215; 5.7% Yield

Go back to NRG Yield (NYLD) Raises Quarterly Dividend 2.4% to $0.215; 5.7% Yield

NRG Energy, Inc. Reports Third Quarter 2015 Results, Increases Cost Reduction Program to $250 Million and Initiates 2016 Financial Guidance

November 4, 2015 6:57 AM EST

Financial Highlights

$1,145 million of Adjusted EBITDA1 in the third quarter and $2,714 million1 in the first nine months of 2015 $1,135 million of Free Cash Flow (FCF) before growth investments in the first nine months of 2015

Business and Operational Highlights

$225 million Adjusted EBITDA from NRG Home Retail, best quarterly EBITDA performance since 2010 $251 million of shares repurchased in September and October for a total of $437 million repurchased year-to-date or approximately 7% of shares outstanding $210 million in total cash consideration received on November 3,... More

NRG Yield, Inc. Reports Third Quarter 2015 Financial Results, Completes Drop Down Acquisition from NRG, Updates 2015 and Initiates 2016 Financial Guidance, Increases Fourth Quarter Dividend by 2.4%

November 4, 2015 6:55 AM EST

Financial Highlights

$198 million of Adjusted EBITDA for third quarter 2015 $132 million of Cash Available for Distribution (CAFD) for third quarter 2015 $0.21 per share quarterly dividend to Class A and Class C common stock ($0.84 per share annualized) paid on September 15, 2015 to shareholders of record as of September 1, 2015

Increasing Dividend

2.4% quarter over quarter increase in common stock dividend payable in fourth quarter of 2015 to $0.215 per share ($0.86 per share annualized), a 15% increase over fourth quarter 2014 Targeting $0.25 per share quarterly dividend ($1.00 per share... More