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NRG Yield Inc. reports net income of $18M, raises quarterly dividend by 6 percent

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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.

To see the entire report, click here.


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Emily Bader

Emily Bader

Emily Bader is the Web Editor and Social Media Coordinator at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com.

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