Vistra Declares Dividend on Common Stock and Series A Preferred Stock

Rhea-AI Summary

Vistra (NYSE: VST) has announced two dividend declarations by its board of directors. The company will pay a quarterly dividend of $0.2235 per share of common stock, amounting to approximately $75 million in total payments. This dividend will be payable on March 31, 2025, to stockholders of record as of March 20, 2025, with the same ex-dividend date.

Additionally, the board declared a semi-annual dividend on the company's 8.0% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock. The Series A preferred stockholders will receive $40.00 per preferred share ($80.00 annualized), payable on April 15, 2025, to stockholders of record as of April 1, 2025.

Positive

• Quarterly common stock dividend payment of $75 million demonstrates strong cash flow
• Maintenance of dividend payments indicates financial stability
• 8.0% yield on Series A preferred stock provides attractive fixed income for investors

Negative

• None.

IRVING, Texas, Feb. 21, 2025 /PRNewswire/ -- Vistra (NYSE: VST) announced today that its board of directors has declared a quarterly dividend of $0.2235 per share of Vistra's common stock, reflecting an estimated aggregate payment of approximately $75 million this quarter. The common dividend is payable on March 31, 2025, to common stockholders of record as of March 20, 2025. The ex-dividend date for the common dividend will be March 20, 2025.

The board of directors also declared a semi-annual dividend on the company's 8.0% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock. The Series A dividend is $40.00 per preferred share, or $80.00 per share of Series A preferred stock on an annualized basis. The Series A dividend is payable on April 15, 2025, to Series A preferred stockholders of record as of April 1, 2025.

About Vistra
Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company that provides essential resources to customers, businesses, and communities from California to Maine. Based in Irving, Texas, Vistra is a leader in the energy transformation with an unyielding focus on reliability, affordability, and sustainability. The company safely operates a reliable, efficient, power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business. Learn more at vistracorp.com.

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SOURCE Vistra Corp

FAQ

What is Vistra's (VST) quarterly dividend amount per share for Q1 2025?

Vistra's quarterly dividend for Q1 2025 is $0.2235 per share of common stock.

When is the ex-dividend date for Vistra's (VST) Q1 2025 common stock dividend?

The ex-dividend date for Vistra's Q1 2025 common stock dividend is March 20, 2025.

What is the total quarterly dividend payment amount for Vistra (VST) in Q1 2025?

The total quarterly dividend payment amount is approximately $75 million.

What is the dividend rate for Vistra's (VST) Series A Preferred Stock?

Vistra's Series A Preferred Stock pays $40.00 per share semi-annually, or $80.00 per share annually.

When will Vistra (VST) pay its Series A Preferred Stock dividend in 2025?

Vistra will pay its Series A Preferred Stock dividend on April 15, 2025, to stockholders of record as of April 1, 2025.