Dynegy Approves Dividend on Mandatory Convertible Preferred Stock
Dynegy Inc. (NYSE: DYN) announced that its Board of Directors declared a dividend of $1.34375 per share on the outstanding 5.375% Series A Mandatory Convertible Preferred Stock that will be paid on May 1, 2017 to stockholders of record of the Mandatory Convertible Preferred Stock on April 15, 2017. The dividend is for the dividend period beginning on February 1, 2017 and ending on April 30, 2017.
At Dynegy, we generate more than just power for our customers. We are committed to being a leader in the electricity sector. Throughout the Northeast, Mid-Atlantic, Midwest and Texas, Dynegy operates power generating facilities capable of producing enough energy to supply about 25 million American homes. We're proud of what we do, but it's about much more than just output. We're always striving to generate power safely and responsibly for our wholesale and retail electricity customers who depend on that energy to grow and thrive.
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