Clearway Energy, Inc. Increases Quarterly Dividend to $0.4312 per Share
Rhea-AI Summary
Clearway Energy (NYSE: CWEN, CWEN.A) has announced a quarterly dividend increase of 1.7% for both its Class A and Class C common stock. The new dividend of $0.4312 per share will be payable on March 17, 2025, to shareholders of record as of March 3, 2025. This represents an annualized dividend of $1.7248 per share, up from the previous quarterly dividend of $0.4240 per share ($1.6960 annualized).
Positive
- Dividend increased by 1.7% quarter-over-quarter
- Annualized dividend raised to $1.7248 per share
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- None.
PRINCETON, N.J., Feb. 17, 2025 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced that on February 17, 2025, its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of
About Clearway Energy
Clearway Energy, Inc. is one of the largest owners of clean energy generation assets in the US and is leading the transition to a world powered by clean energy. Our portfolio comprises approximately 11.8 GW of gross capacity in 26 states, including 9 GW of wind, solar, and battery energy storage and over 2.7 GW of conventional dispatchable power capacity providing critical grid reliability services. Through our diversified and primarily contracted clean energy portfolio, Clearway Energy endeavors to provide our investors with stable and growing dividend income. Clearway Energy, Inc.’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols CWEN and CWEN.A, respectively. Clearway Energy, Inc. is sponsored by our controlling investor, Clearway Energy Group LLC. For more information, visit investor.clearwayenergy.com.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are subject to certain risks, uncertainties and assumptions and typically can be identified by the use of words such as “expect,” “estimate,” “should,” “anticipate,” “forecast,” “plan,” “guidance,” “believe” and similar terms. Although Clearway Energy, Inc. believes that the expectations are reasonable, it can give no assurance that these expectations will prove to be correct, and actual results may vary materially.
Investor:
Akil Marsh, 609-608-1500
investor.relations@clearwayenergy.com
Media:
Zadie Oleksiw, 202-836-5754
media@clearwayenergy.com
FAQ
What is Clearway Energy's new quarterly dividend for 2025?
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Does the dividend increase apply to both CWEN and CWEN.A shares?
