Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Shares Up 1.8% – What’s Next?

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL)’s stock price was up 1.8% during trading on Tuesday . The stock traded as high as $10.20 and last traded at $10.18. Approximately 2,274 shares traded hands during trading, a decline of 16% from the average daily volume of 2,718 shares. The stock had previously closed at $10.00.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Stock Down 2.8 %

The business has a 50 day moving average of $9.83 and a 200 day moving average of $9.69.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.5313 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $2.13 dividend on an annualized basis and a dividend yield of 21.49%.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Company Profile

Greenidge Generation Holdings Inc operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.