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. This dividend is set to be paid on October 1, 2021, to shareholders on record as of September 3, 2021. The company, which operates across 24 U.S. states with approximately $38 billion in assets, is recognized for its commitment to sustainability and ethical practices, being listed among the 2021 JUST 100 companies and World's Most Ethical Companies. AVANGRID serves over 3.3 million customers through its networks and renewables business.

Positive

• Dividend of $0.44 per share reflects company's income for shareholders.
• Strong asset base with approximately $38 billion enhances investor confidence.
• Recognition as one of the 2021 JUST 100 companies indicates a commitment to sustainability.

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 October 1, 2021 to shareholders of record at the close of business on September 3, 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/20210712005749/en/

FAQ

What is the dividend amount declared by AVANGRID for Q3 2021?

AVANGRID has declared a dividend of $0.44 per share for Q3 2021.

When will the dividend be paid to shareholders?

The dividend will be paid on October 1, 2021.

What is the record date for shareholders to receive the dividend?

The record date for shareholders is September 3, 2021.

How does AVANGRID rank in terms of corporate sustainability?

AVANGRID was recognized among the 2021 JUST 100 companies and ranked number one in the utility sector for sustainability.

In how many states does AVANGRID operate?

AVANGRID operates in 24 U.S. states.