Vistra Corp. (NYSE:VST) Plans Dividend Increase – $0.23 Per Share

Vistra Corp. (NYSE:VST) announced a quarterly dividend on Thursday, February 19th. Investors of record on Friday, March 20th will be given a dividend of 0.228 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date is Friday, March 20th. This is a 0.4% increase from Vistra’s previous quarterly dividend of $0.23.

Vistra has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 6 consecutive years. Vistra has a payout ratio of 10.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Vistra to earn $6.32 per share next year, which means the company should continue to be able to cover its $0.90 annual dividend with an expected future payout ratio of 14.2%.

Vistra Stock Performance

VST stock traded down $1.12 during trading on Friday, reaching $171.38. 1,190,735 shares of the company’s stock were exchanged, compared to its average volume of 6,114,149. Vistra has a 1-year low of $90.51 and a 1-year high of $219.82. The firm has a market cap of $58.07 billion, a PE ratio of 61.87, a P/E/G ratio of 1.03 and a beta of 1.40. The company’s fifty day moving average price is $162.76 and its 200-day moving average price is $182.23. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 5.74.

About Vistra

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.