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Vistra Declares Dividend on Common Stock, Series B Preferred Stock and Series C Preferred Stock

Thursday, May 02, 2024 07:32 PM | PR Newswire via QuoteMedia

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Vistra Declares Dividend on Common Stock, Series B Preferred Stock and Series C Preferred Stock
Vistra Declares Dividend on Common Stock, Series B Preferred Stock and Series C Preferred Stock

PR Newswire

IRVING, Texas , May 2, 2024 /PRNewswire/ -- Vistra (NYSE: VST) announced today that its board of directors has declared a quarterly dividend of $0.2175 per share of Vistra's common stock, reflecting an estimated aggregate payment of $75 million this quarter. This represents an approximate 7% increase in the company's quarterly common stock dividend per share from its second quarter 2023 dividend. The common dividend is payable on June 28, 2024 , to common stockholders of record as of June 19, 2024 . The ex-dividend date for the common dividend will be June 18, 2024 .

The board of directors also declared a semi-annual dividend on the company's 7.0% Series B Fixed-Rate Reset Cumulative Green Redeemable Perpetual Preferred Stock. The Series B dividend is $35.00 per preferred share, or $70.00 per share of Series B preferred stock on an annualized basis. The Series B dividend is payable on June 17, 2024 , to Series B preferred stockholders of record as of June 1, 2024 .

Additionally, the board of directors declared a semi-annual dividend on the company's 8.875% Series C Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock. The Series C dividend is $48.32 per preferred share (including amounts accrued from the initial issue date of Dec. 29, 2023 ), or $88.75 per share of Series C preferred stock on an annualized basis. The Series C dividend is payable on July 15, 2024 , to Series C preferred stockholders of record as of July 1, 2024 .

About Vistra
Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company that provides essential resources to customers, businesses, and communities from California to Maine . Based in Irving, Texas , Vistra is a leader in the energy transformation with an unyielding focus on reliability, affordability, and sustainability. The company safely operates a reliable, efficient, power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business. Learn more at vistracorp.com .

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SOURCE Vistra Corp

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