Clearway Energy, Inc. (NYSE:CWEN.A) Raises Dividend to $0.43 Per Share

Clearway Energy, Inc. (NYSE:CWEN.A) declared a quarterly dividend on Monday, February 17th, Wall Street Journal reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.4312 per share on Monday, March 17th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.52%. The ex-dividend date is Monday, March 3rd. This is a positive change from Clearway Energy’s previous quarterly dividend of $0.42.

Clearway Energy Trading Up 5.1 %

Shares of CWEN.A stock opened at $26.47 on Friday. The company has a 50 day simple moving average of $24.70 and a two-hundred day simple moving average of $25.79.

Insider Buying and Selling

In other news, Director Brian R. Ford sold 2,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $26.74, for a total value of $53,480.00. Following the completion of the sale, the director now owns 8,153 shares of the company’s stock, valued at approximately $218,011.22. The trade was a 19.70 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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.