Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Declares Quarterly Dividend of $0.53

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) announced a quarterly dividend on Friday, January 1st. Investors of record on Wednesday, April 15th will be given a dividend of 0.5313 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date of this dividend is Wednesday, April 15th.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Stock Performance

Shares of GREEL stock traded down $0.25 on Monday, hitting $21.49. The stock had a trading volume of 2,206 shares, compared to its average volume of 4,648. The business has a 50 day moving average price of $20.06 and a 200 day moving average price of $17.70. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a one year low of $6.33 and a one year high of $22.06.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Company Profile

Greenidge Generation Holdings Inc is a vertically integrated energy and digital asset company that combines natural gas–fired power generation with in-house bitcoin mining operations. The company owns and operates a baseload power plant in Dresden, New York, where it supplies electricity to the NYISO wholesale market and dedicates excess capacity to support its bitcoin mining facilities. By leveraging on-site generation, Greenidge aims to optimize costs, improve operational efficiency and reduce exposure to external power price volatility.

Originally established through the acquisition and repurposing of a former coal-fired plant, Greenidge has transitioned to a cleaner, natural gas–fueled operation since 2017.