Clearway Energy (NYSE:CWEN.A) Shares Down 0.7% – What’s Next?

Clearway Energy, Inc. (NYSE:CWEN.A) shares dropped 0.7% on Thursday . The company traded as low as $30.50 and last traded at $30.53. Approximately 118,608 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 202,379 shares. The stock had previously closed at $30.74.

Clearway Energy Stock Performance

The stock’s 50-day moving average is $29.29 and its two-hundred day moving average is $27.11.

Clearway Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were given a dividend of $0.4384 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $1.75 annualized dividend and a yield of 5.74%. This is a positive change from Clearway Energy’s previous quarterly dividend of $0.43.

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.