follow us:Google+ FacebookLinkedInTwitterRSS Feeds

advertisement

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

By

Back to Top Comments Email Print

Latest News

advertisement

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.

ALSO ON NJBIZ:

Bayer to buy Merck's consumer care drug business for $14.2 billion

Cigna: 20 years of disability claims data reveals emerging workforce productivity challenges

ADP offers help for human capital management

Share This Story On:
Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top