Vistra Board Increases 2021 Common Dividend 11%, Declares Dividend on Common Stock
02/23/2021 - 04:30 PM
IRVING, Texas , Feb. 23, 2021 /PRNewswire/ -- Vistra (NYSE: VST) announced today that its Board of Directors has declared a quarterly dividend of $0.15 per share of Vistra's common stock, or $0.60 per share on an annualized basis. This dividend represents an 11% increase from the company's quarterly common stock dividend paid in 2020, above management's target growth rate of 6-8% . The dividend is payable on March 31, 2021, to shareholders of record as of March 17, 2021. The ex-dividend date will be March 16, 2021 .
Media Meranda Cohn Media.Relations@vistracorp.com
Analysts Molly Sorg Investor@vistracorp.com
About Vistra Irving, Texas , providing essential resources for customers, commerce, and communities. Vistra combines an innovative, customer-centric approach to retail with safe, reliable, diverse, and efficient power generation. The company brings its products and services to market in 20 states and the District of Columbia , including six of the seven competitive wholesale markets in the U.S. and markets in Canada and Japan , as well. Serving approximately 4.3 million residential, commercial, and industrial retail customers with electricity and natural gas, Vistra is one of the largest competitive electricity providers in the country and offers over 50 renewable energy plans. The company is also the largest competitive power generator in the U.S. with a capacity of approximately 39,000 megawatts powered by a diverse portfolio, including natural gas, nuclear, solar, and battery energy storage facilities. In addition, the company is a large purchaser of wind power. The company is currently constructing a 400-MW/1,600-MWh battery energy storage system in Moss Landing, California , which is the largest of its kind in the world. Vistra is guided by four core principles: we do business the right way, we work as a team, we compete to win, and we care about our stakeholders, including our customers, our communities where we work and live, our employees, and our investors. Learn more about Vistra's environmental, social, and governance efforts and read the company's sustainability report at https://www.vistracorp.com/sustainability/
http://www.prnewswire.com/news-releases/vistra-board-increases-2021-common-dividend-11-declares-dividend-on-common-stock-301233826.html
SOURCE Vistra
VST Rankings
#523 Ranked by Stock Gains
VST Stock Data
Industry
Electric Power Distribution
Sector
Utilities
Tags
Utilities, Electric Utilities, Hydroelectric Power Generation
Country
US
City
Irving
About VST
vistra energy is an integrated retail and generation company, with a strong balance sheet, positive cash flows and a strategy for growth. with a tradition of operational excellence from predecessor companies that go back more than a century and a vision for the future, vistra energy has unique expertise in customer relationships, commodity pricing, and risk management. the retail company serves 1.7 million residential and business customers in texas, backed by nearly 18,000 mw of a balanced generation portfolio in texas, including 2,300 mw fueled by nuclear power, 8,000 mw fueled by coal and 7,500 mw fueled by natural gas, and is a large purchaser of renewable power including wind and solar-generated electricity.
