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Changes in Capital Structure
3 Months Ended
Mar. 31, 2016
Changes in Capital Structure Disclosure [Abstract]  
Changes in Capital Structure
Changes in Capital Structure
As of March 31, 2016, and December 31, 2015, the Company had 500,000,000 shares of common stock authorized. The following table reflects the changes in NRG's common stock issued and outstanding:
 
Issued
 
Treasury
 
Outstanding
Balance as of December 31, 2015
416,939,950

 
(102,749,908
)
 
314,190,042

Shares issued under LTIPs
417,051

 

 
417,051

Shares issued under ESPP

 
299,127

 
299,127

Balance as of March 31, 2016
417,357,001

 
(102,450,781
)
 
314,906,220

Employee Stock Purchase Plan
As of March 31, 2016, there were 977,786 shares of treasury stock available for issuance under the ESPP.
NRG Common Stock Dividends
The following table lists the dividends paid during the three months ended March 31, 2016:
 
First Quarter 2016
Dividends per Common Share
$
0.145


On April 18, 2016, NRG declared a quarterly dividend on the Company's common stock of $0.03 per share, payable May 16, 2016, to stockholders of record as of May 2, 2016, representing $0.12 per share on an annualized basis.
The Company's common stock dividends are subject to available capital, market conditions, and compliance with associated laws, regulations and other contractual obligations.