ANNAPOLIS, Md., Dec. 12, 2017 /PRNewswire/ -- Hannon Armstrong
Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," or the "Company") (NYSE:
HASI), a leading investor in sustainable infrastructure, including
energy efficiency and renewable energy, today announced that its
Board of Directors declared a quarterly cash dividend of
$0.33 per share of common stock,
payable on January 11, 2018, to
stockholders of record on December
26, 2017. Based upon the Company's common stock
closing price of $23.24 per share on
December 11, 2017, the dividend
represents an annualized yield of 5.7%.
"We have decided to move our annual dividend review to the
February 2018 Q4 earnings call to
coincide with our year-end results and outlook for 2018," said
President and CEO Jeffrey
Eckel. "Our pipeline remains strong and we
remain focused on growing the business."
About Hannon Armstrong
Hannon Armstrong (NYSE: HASI)
invests in sustainable infrastructure markets, including energy
efficiency and renewable energy. The Company focuses on providing
preferred or senior level capital to established sponsors and high
credit quality obligors for assets that generate long-term,
recurring and predictable cash flows. The Company is based in
Annapolis, MD.
Forward Looking Statements
Some of the information
in this press release contains forward-looking statements and
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. When used in this press release, words such as "believe,"
"expect," "anticipate," "estimate," "plan," "continue," "intend,"
"should," "may," "target," or similar expressions, are intended to
identify such forward-looking statements. Forward-looking
statements are subject to significant risks and uncertainties.
Investors are cautioned against placing undue reliance on such
statements. Actual results may differ materially from those set
forth in the forward-looking statements. Factors that could cause
actual results to differ materially from those described in the
forward-looking statements include those discussed under the
caption "Risk Factors" included in our Annual Report on Form 10-K
for our fiscal year ended December 31,
2016, which was filed with the U.S. Securities and Exchange
Commission ("SEC"), as well as in other reports that we file with
the SEC.
Forward-looking statements are based on beliefs, assumptions
and expectations as of the date of this press release. We disclaim
any obligation to publicly release the results of any revisions to
these forward-looking statements reflecting new estimates, events
or circumstances after the date of this press release.
Contact: Investor/Media Relations
Phone: 410-571-6189
Email: investors@hannonarmstrong.com
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SOURCE Hannon Armstrong Sustainable Infrastructure Capital,
Inc.