Clearway Energy, Inc. (NYSE:CWEN) Plans Quarterly Dividend of $0.48

Clearway Energy, Inc. (NYSE:CWEN – Get Free Report) announced a quarterly dividend on Monday, November 9th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.4824 per share on Tuesday, December 15th. This represents a $1.93 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Tuesday, December 1st. This is a 1.6% increase from Clearway Energy’s previous quarterly dividend of $0.4750.

Clearway Energy has increased its dividend payment by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 2 years. Clearway Energy has a dividend payout ratio of 172.7% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Clearway Energy to earn $0.60 per share next year, which means the company may not be able to cover its $1.90 annual dividend with an expected future payout ratio of 316.7%.

Clearway Energy Price Performance

Shares of NYSE:CWEN opened at $34.71 on Tuesday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.02 and a current ratio of 1.11. The company has a market capitalization of $7.13 billion, a P/E ratio of 45.67 and a beta of 0.81. Clearway Energy has a fifty-two week low of $28.57 and a fifty-two week high of $41.74. The company’s 50-day moving average is $31.18 and its 200 day moving average is $35.54.

Clearway Energy (NYSE:CWEN – Get Free Report) last issued its quarterly earnings results on Monday, November 9th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.41). Clearway Energy had a net margin of 5.78% and a return on equity of 1.60%. The firm had revenue of $522.00 million for the quarter, compared to analysts’ expectations of $513.11 million. On average, equities research analysts forecast that Clearway Energy will post -0.29 earnings per share for the current year.

Clearway Energy News Summary

Here are the key news stories impacting Clearway Energy this week:

  • Positive Sentiment: Clearway set 2027 cash available for distribution (CAFD) guidance of $520 million to $590 million and a 2031 target of $3.20 to $3.40 in CAFD per share. The targets may support investor confidence in the company’s longer-term cash generation. Clearway outlines CAFD guidance and 2031 target
  • Positive Sentiment: The company raised its quarterly dividend 1.6%, from $0.4750 to $0.4824 per share, equivalent to $1.93 annualized and a stated 5.6% yield. The dividend increase may appeal to income-focused investors.
  • Positive Sentiment: Clearway reported $173 million in third-quarter CAFD and reaffirmed its 2026 guidance. It also cited progress on fleet repowerings and new capacity contracts, committed investments in Swan Solar and Honeycomb 2, and a sponsor-developed pipeline of about 16 GW. Clearway Energy third-quarter 2026 results
  • Negative Sentiment: Third-quarter EPS was $0.42, below estimates: Zacks cited a $0.46 consensus, while another reported consensus was $0.83. EPS also fell from $2.00 a year earlier, a potential concern despite revenue of $522 million exceeding the estimate of $513.11 million. Clearway Energy misses Q3 earnings estimates

About Clearway Energy

(Get Free Report)

Clearway Energy, Inc owns and operates electricity-generation facilities in the United States. Its portfolio includes renewable energy assets, primarily wind and solar, as well as energy storage and conventional power-generation and thermal infrastructure.

The company sells electricity and related services to utilities and other customers, often through long-term contractual arrangements. Its facilities are located across multiple U.S. regions.

Clearway Energy was formerly known as NRG Yield, Inc and adopted its current name in 2018.

Further Reading

Dividend History for Clearway Energy (NYSE:CWEN)

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