Clearway Energy, Inc. (NYSE:CWEN.A – Get Free Report) Director Brian R. Ford sold 2,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $26.74, for a total value of $53,480.00. Following the completion of the sale, the director now directly owns 8,153 shares of the company’s stock, valued at $218,011.22. The trade was a 19.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Clearway Energy Stock Performance
Shares of CWEN.A opened at $25.64 on Friday. The business’s 50-day simple moving average is $26.06 and its 200 day simple moving average is $25.60.
Clearway Energy Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.424 per share. This represents a $1.70 dividend on an annualized basis and a yield of 6.61%. This is a boost from Clearway Energy’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Monday, December 2nd.
Clearway Energy Company Profile
Clearway Energy, Inc operates in the renewable energy business in the United States. The company operates through Conventional and Renewables segments. It has approximately 6,000 net MW of installed wind, solar, and energy generation projects; and approximately 2,500 net MW of natural gas-fired generation facilities.
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