Via Renewables Declares $0.65704 Preferred Dividend Rate for Q3 2026
The Board declared a quarterly cash dividend of $0.65704 per share on its 8.75% Series A Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock. Dividend will be paid July 15, 2026 to holders of record on July 1, 2026, with the floating rate benchmark reset to Three-Month CME Term SOFR plus 0.26161%.
1. Dividend Details
Via Renewables’ Board approved a quarterly cash dividend of $0.65704 per share on its 8.75% Series A Fixed-to-Floating Rate Cumulative Perpetual Preferred Stock. The dividend will be paid on July 15, 2026 to shareholders of record as of July 1, 2026.
2. Rate Structure and Benchmark Change
Since April 15, 2022, the Series A Preferred Stock has carried a floating rate. Following Three-Month LIBOR’s end, the dividend rate now reverts to Three-Month CME Term SOFR plus a 0.26161% tenor spread adjustment.
3. Company Profile
Via Renewables is an independent retail energy services company operating in 21 states and 106 utility territories under brands such as Spark Energy, Major Energy, Provider Power and Verde Energy, offering residential and commercial customers fixed and green energy options.