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NRG Yield announces first dividend

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Princeton-based NRG Yield announced last week its board has approved its first quarterly dividend on class A common stock at 23 cents per share.

According to the announcement, this amount represents a prorated quarterly dividend of 30 cents per share, or $1.20 per share on an annualized basis. The dividend is payable December 16, 2013 to shareholders of record as of December 2, 2013. This marks NRG Yield's first dividend.

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