Princeton-based NRG Yield Inc. reported Tuesday that its first quarter 2014 net income was $18 million, or $0.17 per diluted Class A common share.
According to the report, the first quarter adjusted EBITDA totaled $69 million, $37 million higher than the first quarter of 2013.
Also, on May 5, 2014, the company’s board of directors declared a quarterly dividend on its stock of $0.35 per share ($1.40 per share annualized) payable on June 16, 2014 to stockholders of record as of June 2, 2014.
NRG Yield owns a diverse portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the U.S., including fossil fuel and solar and wind power facilities.
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