Dynegy Approves Dividend on Mandatory Convertible Preferred Stock

HOUSTON–(BUSINESS WIRE)–Dynegy Inc. (NYSE: DYN) announced that its Board of Directors declared a
dividend of $1.34375 per share on the outstanding 5.375% Series A
Mandatory Convertible Preferred Stock that will be paid on August 1,
2017 to stockholders of record of the Mandatory Convertible Preferred
Stock on July 15, 2017. The dividend is for the dividend period
beginning on May 1, 2017 and ending on July 31, 2017.

At Dynegy, we generate more than just power for our customers. We are
committed to being a leader in the electricity sector. Throughout the
Northeast, Mid-Atlantic, Midwest and Texas, Dynegy operates power
generating facilities capable of producing enough energy to supply about
25 million American homes. Weโ€™re proud of what we do, but itโ€™s about
much more than just output. Weโ€™re always striving to generate power
safely and responsibly for our wholesale and retail electricity
customers who depend on that energy to grow and thrive.

Contacts

Dynegy Inc.
Media:
Julius Cox, 713-767-5800
or
Analysts:
713-507-6466