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 January 3, 2022, to shareholders of record as of December 13, 2021. The company, headquartered in Orange, CT, manages approximately $39 billion in assets across 24 U.S. states, focusing on sustainable energy through its Avangrid Networks and Avangrid Renewables sectors. AVANGRID is recognized as a leader in corporate responsibility and commitment to sustainability.

Positive

• Quarterly dividend of $0.44 per share enhances shareholder income.
• Strong asset base of approximately $39 billion indicates financial stability.
• Recognition as one of the 2021 JUST 100 companies boosts company reputation.

Negative

• None.

ORANGE, Conn.--(BUSINESS WIRE)-- Today AVANGRID, Inc. (NYSE:AGR) announced that on December 1, 2021 its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock. This dividend is payable January 3, 2022 to shareholders of record at the close of business on December 13, 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 $39 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/20211202005950/en/

Investor Contact:

Patricia Cosgel

patricia.cosgel@avangrid.com

203.499.2624

Source: AVANGRID, Inc.

FAQ

What is the dividend amount declared by AVANGRID?

AVANGRID declared a quarterly dividend of $0.44 per share.

When will the dividend be paid to shareholders of AVANGRID?

The dividend will be paid on January 3, 2022.

What is the record date for AVANGRID's dividend payment?

The record date for the dividend payment is December 13, 2021.

How does AVANGRID rank in corporate responsibility?

AVANGRID has been recognized as one of the 2021 JUST 100 companies for its commitment to corporate responsibility.