Chief executive Mike Garland said Pattern is on track to achieve its 2016 CAFD target of $125m to $145m on a non-GAAP basis.
That outlook led Pattern to declare a third quarter dividend of $0.40 per Class A common share, up 2.6% from the previous period. Also influencing the decision is Pattern’s share price, which early today was $24.17, up 0.5%,
