Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL – Get Free Report) declared a quarterly dividend on Friday, January 1st. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.5313 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date of this dividend is Wednesday, July 15th.
Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Trading Down 1.9%
Shares of GREEL stock traded down $0.45 during trading hours on Monday, hitting $23.55. 1,500 shares of the company were exchanged, compared to its average volume of 3,971. The firm has a fifty day simple moving average of $21.31 and a 200 day simple moving average of $20.56. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 52-week low of $7.50 and a 52-week high of $24.25.
About Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026
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.
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