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

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) declared a quarterly dividend on Friday, January 1st. Stockholders of record on Thursday, January 15th will be given a dividend of 0.5313 per share on Saturday, January 31st. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date is Thursday, January 15th.

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

GREEL traded up $0.73 on Tuesday, reaching $21.38. 4,439 shares of the company’s stock were exchanged, compared to its average volume of 4,984. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a twelve month low of $6.33 and a twelve month high of $21.30. The stock’s fifty day moving average price is $17.18 and its 200-day moving average price is $12.42.

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.