Via Renewables, Inc., through its subsidiaries, operates as an independent retail energy services company in the United States. It operates in two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers. The Retail Natural Gas segment is involved in the transportation, distribution, and sale of natural gas to residential and commercial customers. As of March 2, 2022, the company operated in 101 utility service territories across 19 states and the District of Columbia. It has approximately 408,000 residential customer equivalents. The company was formerly known as Spark Energy, Inc. and changed its name to Via Renewables, Inc. in August 2021. Via Renewables, Inc. was founded in 1999 and is headquartered in Houston, Texas.
Via Renewables Dividend Announcement
• Via Renewables announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2023-03-15. Ex dividend date: 2023-02-28
• Via Renewables annual dividend for 2023 was $0.18
• Via Renewables's trailing twelve-month (TTM) dividend yield is 13.72%
• Via Renewables's payout ratio for the trailing twelve months (TTM) is 45.28%
• Via Renewables's dividend growth over the last five years (2018-2023) was -24.23% year
Via Renewables Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-02-28 | $0.18 | quarterly | 2023-03-15 |
2022-11-30 | $0.18 | quarterly | 2022-12-15 |
2022-08-31 | $0.18 | quarterly | 2022-09-15 |
2022-05-31 | $0.18 | quarterly | 2022-06-15 |
2022-02-28 | $0.18 | quarterly | 2022-03-15 |
2021-11-30 | $0.18 | quarterly | 2021-12-15 |
2021-08-31 | $0.18 | quarterly | 2021-09-15 |
2021-05-28 | $0.18 | quarterly | 2021-06-15 |
2021-02-26 | $0.18 | quarterly | 2021-03-15 |
2020-11-30 | $0.18 | quarterly | 2020-12-15 |
2020-08-31 | $0.18 | quarterly | 2020-09-15 |
2020-05-29 | $0.18 | quarterly | 2020-06-15 |
2020-02-28 | $0.18 | quarterly | 2020-03-16 |
2019-11-29 | $0.18 | quarterly | 2019-12-16 |
2019-08-29 | $0.18 | quarterly | 2019-10-01 |
2019-05-30 | $0.18 | quarterly | 2019-07-01 |
2019-02-28 | $0.18 | quarterly | 2019-04-01 |
2018-11-29 | $0.18 | quarterly | 2019-01-02 |
2018-08-29 | $0.18 | quarterly | 2018-10-01 |
2018-05-30 | $0.18 | quarterly | 2018-07-02 |
2018-03-01 | $0.18 | quarterly | 2018-04-03 |
2017-11-28 | $0.18 | quarterly | 2018-01-02 |
2017-08-25 | $0.18 | quarterly | 2017-10-02 |
2017-05-25 | $0.36 | quarterly | 2017-07-03 |
2017-02-27 | $0.36 | quarterly | 2017-04-03 |
2016-11-29 | $0.36 | quarterly | 2017-01-03 |
2016-08-25 | $0.36 | quarterly | 2016-10-03 |
2016-05-26 | $0.36 | quarterly | 2016-07-01 |
2016-02-25 | $0.36 | quarterly | 2016-04-01 |
2015-11-25 | $0.36 | quarterly | 2016-01-04 |
2015-08-27 | $0.36 | quarterly | 2015-10-01 |
2015-05-28 | $0.36 | quarterly | 2015-07-01 |
2015-02-26 | $0.36 | quarterly | 2015-04-01 |
2014-11-25 | $0.24 | quarterly | 2015-01-02 |
Via Renewables Dividend per year
Via Renewables Dividend growth
Via Renewables Dividend Yield
Via Renewables current trailing twelve-month (TTM) dividend yield is 13.72%. Interested in purchasing Via Renewables stock? Use our calculator to estimate your expected dividend yield:
Via Renewables Financial Ratios
Via Renewables Dividend FAQ
Other factors to consider when evaluating Via Renewables as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Via Renewables's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Via Renewables publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Via Renewables distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Via Renewables are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Via Renewables sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Via Renewables distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Via Renewables declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Via Renewables's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Via Renewables's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.