Vistra Announces Dividend Increase Across Common and Preferred Stocks

107

Vistra has declared a quarterly dividend of $0.2175 per share for its common stock, marking an estimated aggregate payout of $75 million this quarter. This reflects a notable 7% uptick in the company’s quarterly common stock dividend per share compared to the second quarter of 2023. Common stockholders of record as of June 19, 2024, will receive the dividend on June 28, 2024, with the ex-dividend date set for June 18, 2024.

The board of directors has also approved a semi-annual dividend for its 7.0% Series B Fixed-Rate Reset Cumulative Green Redeemable Perpetual Preferred Stock, amounting to $35.00 per preferred share or $70.00 per share on an annualized basis. This dividend will be disbursed on June 17, 2024, to Series B preferred stockholders listed as of June 1, 2024.

Furthermore, a semi-annual dividend has been declared for the company’s 8.875% Series C Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock. The Series C dividend totals $48.32 per preferred share, including accrued amounts since its initial issue on Dec. 29, 2023, or $88.75 per share annually. Series C preferred stockholders recorded as of July 1, 2024, will receive this dividend on July 15, 2024.