Clearway Energy, Inc. (NYSE:CWEN.A) to Issue Quarterly Dividend of $0.43

Clearway Energy, Inc. (NYSE:CWEN.A) announced a quarterly dividend on Monday, February 17th,Wall Street Journal reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.4312 per share on Monday, March 17th. This represents a $1.72 dividend on an annualized basis and a yield of 6.91%. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from Clearway Energy’s previous quarterly dividend of $0.42.

Clearway Energy Stock Up 0.8 %

CWEN.A stock traded up $0.19 during midday trading on Tuesday, hitting $24.97. The company’s stock had a trading volume of 110,822 shares. The firm has a 50-day moving average of $24.66 and a 200-day moving average of $25.82.

Insider Transactions at Clearway Energy

In related news, Director Brian R. Ford sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $26.74, for a total transaction of $53,480.00. Following the transaction, the director now owns 8,153 shares of the company’s stock, valued at approximately $218,011.22. This represents a 19.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

About Clearway Energy

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.