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

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) 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) annualized dividend and a yield of 8.8%. The ex-dividend date is Wednesday, July 15th.

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

NASDAQ GREEL opened at $24.19 on Monday. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a fifty-two week low of $7.50 and a fifty-two week high of $24.25. The stock’s 50-day moving average is $21.31 and its two-hundred day moving average is $20.56.

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.