NRG Energy
€10,000 invested in 2016 · with dividend reinvestment
Dividend history
About NRG Energy
NRG Energy is an integrated power company that generates electricity and, more importantly, sells energy and related home services directly to millions of retail customers across the US and Canada. Its focus on the competitive retail market and a lighter generation footprint set it apart from traditional regulated utilities. NRG reinstated its dividend some years ago and has grown it since, targeting a set annual increase supported by free cash flow from its retail operations. The yield is modest and the earnings more exposed to power prices and competition than a regulated peer would be. The payout profile is solid but carries a touch more risk, making it a moderate income holding rather than a defensive anchor.