Clearway Energy (NYSE:CWEN.A) Trading Up 1.2% – Here’s Why

Clearway Energy, Inc. (NYSE:CWEN.A)’s stock price rose 1.2% during trading on Monday . The stock traded as high as $27.66 and last traded at $27.02. Approximately 422,352 shares traded hands during trading, The stock had previously closed at $26.69.

Clearway Energy Price Performance

The firm has a 50-day moving average of $26.32 and a 200 day moving average of $25.40.

Clearway Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a $0.424 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This is a boost from Clearway Energy’s previous quarterly dividend of $0.42. This represents a $1.70 annualized dividend and a yield of 6.28%.

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.