PRINCETON, N.J.--(BUSINESS WIRE)--NRG Yield, Inc. (NYSE: NYLD, NYLD.A) today announced that its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of $0.298 per share payable on March 15, 2018 to shareholders of record as of March 1, 2018. This quarterly dividend represents $1.19 per share on an annualized basis, an increase of approximately 3.47% over the fourth quarter 2017 dividend of $0.288 per share (or $1.15 per share annualized).
About NRG Yield
NRG Yield owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the United States, including fossil fuel, solar and wind power generation facilities that have the capacity to support more than two million American homes and businesses. Our thermal infrastructure assets provide steam, hot and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals and governmental units in multiple locations. NRG Yield’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols NYLD and NYLD.A, respectively.
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