Aug 8 Independent power producer NRG Energy Inc
reported a bigger-than-expected profit on higher retail
sales and customer count, and declared its first ever quarterly
NRG, which struck a deal last month to buy rival GenOn
Energy Inc, said it will pay a quarterly dividend of 9
cents per share. The dividend is payable on August 15.
The net income fell to $251 million, or $1.08 per share,
from $621 million, or $2.53 per share, a year earlier.
Analysts on average had expected 15 cents per share,
according to Thomson Reuters I/B/E/S.
Operating revenue fell 5 percent $ 2.16 billion.