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

Vistra Corp. (NYSE:VST) declared a quarterly dividend on Thursday, October 29th. Shareholders of record on Tuesday, December 22nd will be given a dividend of $0.2310 per share on Thursday, December 31st. This represents a $0.92 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, December 22nd. 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 dividend payout ratio of 11.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Vistra to earn $10.56 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 8.7%.

Vistra Stock Performance

VST stock opened at $140.63 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 5.87. The company has a market capitalization of $47.20 billion, a price-to-earnings ratio of 23.76 and a beta of 1.38. Vistra has a 12 month low of $132.66 and a 12 month high of $198.82. The firm has a 50 day moving average of $145.09 and a two-hundred day moving average of $153.88.

Vistra (NYSE:VST) last issued its earnings results on Friday, August 7th. The company reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.85). Vistra had a return on equity of 108.68% and a net margin of 11.55%. The company had revenue of $4.02 billion during the quarter, compared to analyst estimates of $5.46 billion. As a group, equities analysts anticipate that Vistra will post 9.13 EPS for the current fiscal year.

Vistra Company Profile

Vistra Corp. (NYSE: VST) is an integrated energy company based in Irving, Texas. The company operates across electricity generation, power distribution support, energy marketing and retail electricity sales, serving residential, commercial and industrial customers primarily in the United States.

Vistra owns and operates a diverse portfolio of power generation and energy storage facilities. Its assets include natural gas, nuclear, coal and renewable generation, as well as battery storage projects.