Vistra Energy Corp (VST) Plans $0.13 Quarterly Dividend

Vistra Energy Corp (NYSE:VST) declared a quarterly dividend on Wednesday, May 22nd, Wall Street Journal reports. Stockholders of record on Friday, June 14th will be given a dividend of 0.125 per share on Friday, June 28th. This represents a $0.50 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, June 13th.

Vistra Energy has a dividend payout ratio of 22.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Vistra Energy to earn $2.08 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 24.0%.

Shares of VST stock traded down $0.30 during mid-day trading on Wednesday, hitting $25.45. The company had a trading volume of 2,626,205 shares, compared to its average volume of 3,884,600. Vistra Energy has a 52-week low of $20.83 and a 52-week high of $27.86. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.89 and a current ratio of 1.03. The company has a market capitalization of $11.97 billion, a PE ratio of -1,272.50, a price-to-earnings-growth ratio of 0.88 and a beta of 0.60.



Vistra Energy (NYSE:VST) last released its quarterly earnings results on Friday, May 3rd. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.05). The business had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.79 billion. Vistra Energy had a net margin of 4.22% and a return on equity of 4.37%. Vistra Energy’s revenue for the quarter was up 282.1% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.71) EPS. On average, research analysts predict that Vistra Energy will post 1.96 EPS for the current fiscal year.

In other news, SVP Stephen J. Muscato sold 1,775 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $25.31, for a total value of $44,925.25. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Stephanie Zapata Moore sold 1,198 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $25.31, for a total transaction of $30,321.38. The disclosure for this sale can be found here. In the last three months, insiders sold 20,038 shares of company stock worth $507,162. Insiders own 14.05% of the company’s stock.

A number of equities research analysts recently issued reports on VST shares. Morgan Stanley started coverage on shares of Vistra Energy in a research note on Monday, March 25th. They set an “overweight” rating and a $35.00 price target on the stock. Macquarie set a $35.00 price target on shares of Vistra Energy and gave the company a “buy” rating in a research note on Friday, March 1st. Guggenheim reaffirmed a “buy” rating and set a $39.00 price target on shares of Vistra Energy in a research note on Tuesday, February 12th. Citigroup upped their price target on shares of Vistra Energy from $32.00 to $36.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Finally, Deutsche Bank set a $32.00 price target on shares of Vistra Energy and gave the company a “buy” rating in a research note on Friday, February 8th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $32.63.

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About Vistra Energy

Vistra Energy Corp., through its subsidiaries, engages in the integrated power business in Texas. The company operates through Wholesale Generation and Retail Electricity segments. The Wholesale Generation segment engages in the electricity generation, wholesale energy sales and purchases, commodity risk management, fuel production, and fuel logistics management activities.

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