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 April 1, 2022 to shareholders on record by March 1, 2022. The company operates across 24 U.S. states, boasting approximately $39 billion in assets and serving over 3.3 million customers through its utilities in New York and New England. Recognized for its commitment to sustainability, AVANGRID has been ranked among America’s best corporate citizens.

Positive

• Quarterly dividend of $0.44 per share enhances shareholder income.
• Strong asset base of $39 billion supports business stability.
• Recognition as one of America’s best corporate citizens enhances company reputation.

Negative

• 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 April 1, 2022 to shareholders of record at the close of business on March 1, 2022.

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 and operates 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 JUST Capital in 2021 and 2022 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2022, AVANGRID ranked second 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/20220216006143/en/

Investor Contact:

Patricia Cosgel

patricia.cosgel@avangrid.com

203.499.2624

Source: AVANGRID, Inc.

FAQ

What is the dividend amount declared by AVANGRID for Q1 2022?

AVANGRID has declared a dividend of $0.44 per share for Q1 2022.

When is the dividend payable for AVANGRID shareholders?

The dividend is payable on April 1, 2022.

What is the record date for AVANGRID's dividend?

The record date for the dividend is March 1, 2022.

How does AVANGRID rank in terms of corporate citizenship?

AVANGRID has been recognized as one of America's best corporate citizens, ranking high in sustainability efforts.