AVANGRID Declares Quarterly Dividend

Rhea-AI Summary

AVANGRID, Inc. (NYSE: AGR) has declared a quarterly dividend of $0.44 per share, set for payment on July 1, 2021, to shareholders recorded by the close of business on June 4, 2021. The company operates in 24 U.S. states, managing assets worth approximately $38 billion. With a commitment to sustainable energy, AVANGRID serves over 3.3 million customers through its utility and renewable energy divisions. The company has received accolades for its corporate citizenship, ranking high on Forbes and Just Capital's lists.

Positive

• Quarterly dividend declared at $0.44 per share, demonstrating shareholder return.
• Significant asset base of approximately $38 billion supports stability.
• Recognition as a leading corporate citizen reflects positively on brand.

Negative

• None.

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, 2021 to shareholders of record at the close of business on June 4, 2021.

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $38 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 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 Forbes and Just Capital as one of the 2021 JUST 100 companies – a list of America’s best corporate citizens – and was ranked number one 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 2021 for the third 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/20210413006032/en/

FAQ

What is the dividend amount declared by AVANGRID?

AVANGRID declared a quarterly dividend of $0.44 per share.

When is the dividend payment date for AVANGRID?

The dividend is payable on July 1, 2021.

Who are eligible shareholders for the AVANGRID dividend?

Shareholders of record at the close of business on June 4, 2021, are eligible.

In which states does AVANGRID operate?

AVANGRID operates in 24 U.S. states.

How many customers does AVANGRID serve?

AVANGRID serves over 3.3 million customers.