Vistra Corp. (NYSE:VST) Plans Quarterly Dividend of $0.23

Vistra Corp. (NYSE:VST) declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Monday, September 21st will be paid a dividend of 0.23 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, September 21st. This is a 0.4% increase from Vistra’s previous quarterly dividend of $0.23.

Vistra has increased its dividend payment 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 dividend payout ratio of 11.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Vistra to earn $11.23 per share next year, which means the company should continue to be able to cover its $0.91 annual dividend with an expected future payout ratio of 8.1%.

Vistra Trading Down 3.9%

Shares of VST opened at $142.79 on Thursday. Vistra has a twelve month low of $132.66 and a twelve month high of $219.82. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. The firm has a market capitalization of $48.15 billion, a P/E ratio of 23.92 and a beta of 1.40. The firm’s 50-day moving average is $156.71 and its two-hundred day moving average is $158.25.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, May 7th. The company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $1.55. The company had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. On average, research analysts predict that Vistra will post 9.49 earnings per share for the current fiscal year.

Vistra Company Profile

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.