Avangrid Declares Quarterly Dividend

Rhea-AI Summary

Avangrid, Inc. declares quarterly dividend of $0.44 per share on its Common Stock

Positive

• Avangrid, Inc. declares a quarterly dividend of $0.44 per share on its Common Stock

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• 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 January 2, 2024 to shareholders of record at the close of business on December 1, 2023.

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $42 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 more than 7,500 people and has been recognized by JUST Capital in 2021, 2022 and 2023 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2023, Avangrid ranked first within the utility sector for its commitment to the environment. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2023 for the fifth 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231018224458/en/

Analyst:

Alvaro Ortega, Alvaro.Ortega@Avangrid.com, 207-629-7412

Source: AVANGRID, Inc.

FAQ

What is the dividend declared by Avangrid, Inc.?

Avangrid, Inc. declared a quarterly dividend of $0.44 per share on its Common Stock.

When will the dividend be payable?

The dividend will be payable on January 2, 2024.

Who are eligible for the dividend?

Shareholders of record at the close of business on December 1, 2023 are eligible for the dividend.