Via Renewables, Inc. (NASDAQ:VIA) Declares $0.18 Quarterly Dividend

Via Renewables, Inc. (NASDAQ:VIA – Get Rating) declared a quarterly dividend on Thursday, April 21st, Zacks reports. Investors of record on Wednesday, June 1st will be given a dividend of 0.181 per share on Wednesday, June 15th. This represents a $0.72 annualized dividend and a yield of 9.38%. The ex-dividend date is Tuesday, May 31st.

Shares of NASDAQ:VIA opened at $7.72 on Friday. The business has a 50 day simple moving average of $9.22 and a two-hundred day simple moving average of $10.62. The company has a debt-to-equity ratio of 2.68, a current ratio of 2.38 and a quick ratio of 2.36. Via Renewables has a 1 year low of $7.63 and a 1 year high of $12.35. The firm has a market capitalization of $275.30 million, a PE ratio of -35.09 and a beta of 1.00.

In other news, CEO W Keith Maxwell III acquired 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 23rd. The shares were acquired at an average price of $8.06 per share, with a total value of $32,240.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders bought 5,600 shares of company stock valued at $47,862 over the last 90 days. Insiders own 66.37% of the company’s stock.

Several analysts have recently weighed in on the stock. TheStreet cut shares of Via Renewables from a “b” rating to a “c” rating in a research note on Monday, March 7th. StockNews.com began coverage on shares of Via Renewables in a research note on Thursday, March 24th. They set a “hold” rating on the stock.

Via Renewables Company Profile (Get Rating)

Via Renewables, Inc, through its subsidiaries, operates as an independent retail energy services company in the United States. It operates in two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers.

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