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Avangrid Declares Quarterly Dividend

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Avangrid (NYSE: AGR) has declared a quarterly dividend of $0.44 per share on its Common Stock. The dividend will be payable on October 1, 2024, to shareholders of record at the close of business on September 2, 2024. This announcement demonstrates Avangrid's commitment to providing regular returns to its shareholders, maintaining its dividend policy. The consistent dividend payout may be seen as a positive sign of the company's financial stability and confidence in its future performance.

Positive
  • Consistent quarterly dividend of $0.44 per share
  • Maintaining dividend policy indicates financial stability
  • Regular income for shareholders
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 1, 2024 to shareholders of record at the close of business on September 2, 2024.

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $45 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America’s best corporate citizens – in 2024 for the fourth consecutive year. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com

Analyst:

Charlotte Ancel, Charlotte.Ancel@Avangrid.com, 203-997-7366

Source: AVANGRID, Inc.

FAQ

What is the amount of Avangrid's (AGR) quarterly dividend for October 2024?

Avangrid (AGR) has declared a quarterly dividend of $0.44 per share on its Common Stock for October 2024.

When is the payment date for Avangrid's (AGR) latest declared dividend?

The payment date for Avangrid's (AGR) latest declared dividend is October 1, 2024.

What is the record date for Avangrid's (AGR) October 2024 dividend?

The record date for Avangrid's (AGR) October 2024 dividend is September 2, 2024, at the close of business.

How often does Avangrid (AGR) pay dividends?

Based on the announcement of a quarterly dividend, Avangrid (AGR) appears to pay dividends on a quarterly basis.

Avangrid, Inc.

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