Avangrid Declares Quarterly Dividend

Rhea-AI Summary

Avangrid, Inc. (AGR) declares a quarterly dividend of $0.44 per share on its Common Stock, payable on July 1, 2024. Shareholders of record on June 3, 2024, will receive the dividend.

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, 2024 to shareholders of record at the close of business on June 3, 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 $44 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 was 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 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 https://www.avangrid.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240411186854/en/

Analyst:

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

Source: AVANGRID, Inc.

FAQ

What dividend did Avangrid, Inc. (AGR) declare on its Common Stock?

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

When is the dividend payable to Avangrid, Inc. (AGR) shareholders?

The dividend is payable on July 1, 2024, to shareholders of record at the close of business on June 3, 2024.

Who will receive the dividend declared by Avangrid, Inc. (AGR)?

Shareholders of record at the close of business on June 3, 2024, will receive the dividend.