AVANGRID Declares Quarterly Dividend

Rhea-AI Summary

AVANGRID, Inc. (NYSE:AGR) announced a quarterly dividend of $0.44 per share, payable on October 3, 2022, to shareholders of record by September 2, 2022. The company operates in 24 U.S. states with approximately $40 billion in assets, serving over 3.3 million customers through its utility services. AVANGRID is recognized for its commitment to sustainability and was named among the World’s Most Ethical Companies in 2022. This dividend reflects the company’s ongoing focus on providing value to its shareholders.

Positive

• Quarterly dividend of $0.44 per share enhances shareholder value.
• Recognition as one of the World’s Most Ethical Companies highlights corporate responsibility.

Negative

• None.

ORANGE, Conn.--(BUSINESS WIRE)-- Today AVANGRID, Inc. (NYSE:AGR) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock. This dividend is payable October 3, 2022 to shareholders of record at the close of business on September 2, 2022.

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $40 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 7,000 people and has been recognized by JUST Capital in 2021 and 2022 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2022, AVANGRID ranked second within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. For more information, visit www.avangrid.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005946/en/

Investor :

Alvaro Ortega

alvaro.ortega@avangrid.com

207.629.7412

Source: AVANGRID, Inc.

FAQ

What is the dividend amount declared by AVANGRID for 2022?

AVANGRID declared a quarterly dividend of $0.44 per share.

When is the dividend payment date for AVANGRID for 2022?

The dividend is payable on October 3, 2022.

Who are the shareholders of record for AVANGRID's dividend?

Shareholders of record must hold shares by the close of business on September 2, 2022.

What is AVANGRID's approach to sustainability?

AVANGRID is committed to sustainability and has been recognized for its efforts in corporate responsibility.