Dynegy Approves Dividend on Mandatory Convertible Preferred Stock
OREANDA-NEWS. October 03, 2016. Dynegy Inc. (NYSE: DYN) announced that its Board of Directors declared a
dividend of \\$1.34375 per share on the outstanding 5.375% Series A
Mandatory Convertible Preferred Stock that will be paid on November 1,
2016 to stockholders of record of the Mandatory Convertible Preferred
Stock on October 15, 2016. The dividend is for the dividend period
beginning on August 1, 2016 and ending on October 31, 2016.
At Dynegy, we generate more than just power for our customers. We are
committed to being a leader in the electricity sector. Throughout the
Midwest and Northeast, Dynegy operates power generating facilities
capable of producing nearly 26,000 megawatts of electricity—or enough
energy to power about 21 million American homes. We’re proud of what we
do, but it’s about much more than just output. We’re always striving to
generate power safely and responsibly for our wholesale and retail
electricity customers who depend on that energy to grow and thrive.