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

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) declared a quarterly dividend on Friday, January 1st. Investors of record on Thursday, January 15th will be paid a dividend of 0.5313 per share on Saturday, January 31st. This represents a c) annualized dividend and a yield of 10.1%. The ex-dividend date is Thursday, January 15th.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Trading Up 1.8%

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 stock traded up $0.38 during midday trading on Tuesday, reaching $21.03. The company’s stock had a trading volume of 3,994 shares, compared to its average volume of 4,615. The stock’s 50-day simple moving average is $17.18 and its 200-day simple moving average is $12.42. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 52-week low of $6.33 and a 52-week high of $21.00.

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.