HOUSTON, TX / ACCESS CABLE / July 20, 2022 / Via Renewables, Inc. (“Via Renewables” or the “Company”) (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, announced today that its Board of Directors has declared a quarterly cash dividend per second quarter of 2022 in the amount of $0.18125 per share in its Class A Common Values. This amount represents an annualized dividend of $0.725 per share. The second quarter dividend will be paid on September 15, 2022 to holders of record of Via Renewables’ Class A Common Values on September 1, 2022.
In addition, in accordance with the terms of the Company’s 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”) of the Company, the Board of Directors has declared a quarterly cash dividend in the amount of $0.568125 per share in the Series A Preferred Stock. The dividend will be paid on October 17, 2022 to Via Renewables Series A Preferred Stock holders of record on October 3, 2022. The floating rate period for the Series A Preferred Stock started on April 15, 2022.
About Via Renovables, Inc.
Via Renewables, Inc. is an independent retail energy services company founded in 1999 that provides residential and commercial customers in competitive markets throughout the United States with an alternative option for their natural gas and electricity under our well-established and recognized brands, which they include Spark Energy, Major Energy, Provider Power and Verde Energy. Headquartered in Houston, Texas, Via Renewables currently operates in 19 states and serves 101 utility territories. Via Renewables offers its customers a variety of product and service options, including stable and predictable energy costs and green product alternatives.
We use our website as a means to disclose material nonpublic information and to comply with our disclosure obligations under Regulation FD. Investors should note that new materials, including press releases, updated investor filings, and financial and other filings with the Securities and Exchange Commission, are posted on the Investor Relations website. by Via Renewables at ViaRenewables.com. Investors are urged to display our website regularly for information and updates about the Company.
Contact: Via Renewables, Inc.
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FONT: Via Renewables, Inc.