Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (GREEL) to Issue Quarterly Dividend of $0.53 on January 31st

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) declared a quarterly dividend on Friday, January 1st. Investors of record on Thursday, January 15th will be given a dividend of 0.5313 per share on Saturday, January 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date is Thursday, January 15th.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Trading Up 4.3%

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 stock traded up $0.88 during mid-day trading on Tuesday, hitting $21.53. The stock had a trading volume of 4,985 shares, compared to its average volume of 5,092. The firm’s 50 day moving average is $17.18 and its 200 day moving average is $12.42. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a one year low of $6.33 and a one year high of $21.32.

About Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Greenidge Generation Holdings Inc is a vertically integrated energy and digital asset company that combines natural gas–fired power generation with in-house bitcoin mining operations. The company owns and operates a baseload power plant in Dresden, New York, where it supplies electricity to the NYISO wholesale market and dedicates excess capacity to support its bitcoin mining facilities. By leveraging on-site generation, Greenidge aims to optimize costs, improve operational efficiency and reduce exposure to external power price volatility.

Originally established through the acquisition and repurposing of a former coal-fired plant, Greenidge has transitioned to a cleaner, natural gas–fueled operation since 2017.