Clearway Energy Inc (OTCMKTS:CWEN/A) announced a dividend on Wednesday, November 6th, Fidelity reports. Stockholders of record on Monday, December 2nd will be paid a dividend of 0.20 per share on Monday, December 16th. The ex-dividend date is Friday, November 29th.
Shares of CWEN/A traded up $0.18 during mid-day trading on Wednesday, hitting $19.10. 16,337 shares of the company’s stock were exchanged. The company has a fifty day moving average of $18.15 and a 200-day moving average of $16.79.
Separately, Royal Bank of Canada increased their price target on shares of Clearway Energy from $15.00 to $17.00 and gave the company a “sector perform” rating in a research note on Wednesday, September 25th.
Clearway Energy, Inc, through its subsidiaries, acquires, owns, and operates contracted renewable and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2017, it had contracted renewable and conventional generation portfolio of 5,118 net megawatt (MW).
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