Vistra Stock Faces Earnings Test After New Dividend and JPMorgan Target Cut
Vistra Corp. declared a quarterly common dividend worth about $75 million, setting a fresh cash-return marker days before the power producer reports first-quarter results. The Irving, Texas-based company said its board approved a $0.2290-per-share common payout, payable June 30 to holders of record on June 22; it also set semiannual dividends of $35.00 per share on its Series B preferred stock and $44.375 per share on its Series C preferred stock.