IRVING,
Texas, Feb. 23, 2023 /PRNewswire/ -- Vistra
(NYSE: VST) announced today that its board of directors has
declared a quarterly dividend of $0.1975 per share of
Vistra's common stock, reflecting an estimated aggregate payment of
$75 million this quarter. This
represents a ~16% increase in the company's quarterly common stock
dividend per share from its first quarter 2022 dividend. The
common dividend is payable on March 31, 2023, to common
stockholders of record as of March 22, 2023. The ex-dividend
date for the common dividend will be March
21, 2023.
The board of directors also declared a semi-annual dividend on
the company's 8.0% Series A Fixed-Rate Reset Cumulative Redeemable
Perpetual Preferred Stock. The Series A dividend is $40.00 per preferred share,
or $80.00 per share of Series A preferred stock on an
annualized basis. The Series A dividend is payable on April 17, 2023, to Series A preferred
stockholders of record as of April 3,
2023.
About Vistra
Vistra (NYSE: VST) is a leading Fortune 500 integrated retail
electricity and power generation company based in Irving, Texas, providing essential resources
for customers, commerce, and communities. Vistra combines an
innovative, customer-centric approach to retail with safe,
reliable, diverse, and efficient power generation. The company
brings its products and services to market in 20 states and the
District of Columbia, including
six of the seven competitive wholesale markets in the U.S. Serving
approximately 4 million residential, commercial, and industrial
retail customers with electricity and natural gas, Vistra is one of
the largest competitive electricity providers in the country and
offers over 50 renewable energy plans. The company is also the
largest competitive power generator in the U.S. with a capacity of
approximately 37,000 megawatts powered by a diverse portfolio,
including natural gas, nuclear, solar, and battery energy storage
facilities. In addition, Vistra is a large purchaser of wind power.
The company owns and operates the 400-MW/1,600-MWh battery energy
storage system in Moss Landing,
California, the largest of its kind in the world. Vistra is
guided by four core principles: we do business the right way, we
work as a team, we compete to win, and we care about our
stakeholders, including our customers, our communities where we
work and live, our employees, and our investors. Learn more about
our environmental, social, and governance efforts and read the
company's sustainability report at
https://www.vistracorp.com/sustainability/.
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SOURCE Vistra Corp.