AVANGRID Declares Quarterly Dividend

Rhea-AI Summary

AVANGRID, Inc. (NYSE: AGR) has declared a quarterly dividend of $0.44 per share on its Common Stock, payable on July 1, 2022, to shareholders of record at the close of business on June 3, 2022. Headquartered in Orange, CT, AVANGRID operates with approximately $40 billion in assets across 24 U.S. states. The company aims to lead in sustainable energy, providing services to over 3.3 million customers through its Avangrid Networks and Avangrid Renewables segments.

Positive

• Quarterly dividend of $0.44 per share demonstrates commitment to returning income to shareholders.
• AVANGRID operates with $40 billion in assets, indicating strong financial health.
• The company serves over 3.3 million customers, highlighting its market presence.

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 July 1, 2022 to shareholders of record at the close of business on June 3, 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/20220330005784/en/

Investor Contact:

Alvaro Ortega

alvaro.ortega@avangrid.com

207.629.7412

Source: AVANGRID, Inc.

FAQ

What is the dividend amount declared by AVANGRID, Inc. for Q2 2022?

AVANGRID, Inc. declared a quarterly dividend of $0.44 per share.

When is the AVANGRID, Inc. dividend payable?

The dividend is payable on July 1, 2022.

What is the record date for the AVANGRID, Inc. dividend?

The record date for the dividend is June 3, 2022.

How many customers does AVANGRID serve?

AVANGRID serves over 3.3 million customers.