Clearway Energy (NYSE:CWEN.A) Trading Up 1.5% – Still a Buy?

Clearway Energy, Inc. (NYSE:CWEN.AGet Free Report)’s share price was up 1.5% on Tuesday . The stock traded as high as $28.69 and last traded at $28.67. Approximately 176,942 shares traded hands during trading, a decline of 17% from the average daily volume of 212,513 shares. The stock had previously closed at $28.24.

Clearway Energy Trading Up 1.5 %

The firm’s fifty day simple moving average is $25.97 and its two-hundred day simple moving average is $25.93.

Clearway Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a dividend of $0.4312 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.72 annualized dividend and a dividend yield of 6.02%. This is a boost from Clearway Energy’s previous quarterly dividend of $0.42.

About Clearway Energy

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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.

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