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Avista Corp. Board Increases Common Stock Dividend

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Avista Corp. (NYSE: AVA) has announced an increase in its quarterly dividend to $0.49 per share on common stock, representing a $0.015 increase. This adjustment results in an annualized dividend of $1.96. The dividend will be paid on March 14, 2025, to shareholders of record as of February 26, 2025.

This marks the twenty-third consecutive year of dividend increases by Avista's board of directors, reflecting their commitment to maximizing shareholder value and returns. The board's dividend decisions are based on various factors, including financial results, business strategies, and economic conditions.

Avista Corp. (NYSE: AVA) ha annunciato un aumento del suo dividendo trimestrale a 0,49 $ per azione su azioni ordinarie, che rappresenta un incremento di 0,015 $. Questa modifica porta a un dividendo annualizzato di 1,96 $. Il dividendo sarà pagato il 14 marzo 2025, agli azionisti registrati al 26 febbraio 2025.

Questo segna il ventitreesimo anno consecutivo di aumenti dei dividendi da parte del consiglio di amministrazione di Avista, a testimonianza del loro impegno a massimizzare il valore e i ritorni per gli azionisti. Le decisioni del consiglio sui dividendi si basano su vari fattori, tra cui i risultati finanziari, le strategie aziendali e le condizioni economiche.

Avista Corp. (NYSE: AVA) ha anunciado un aumento en su dividendo trimestral a 0,49 $ por acción sobre acciones comunes, lo que representa un incremento de 0,015 $. Este ajuste resulta en un dividendo anualizado de 1,96 $. El dividendo se pagará el 14 de marzo de 2025 a los accionistas registrados hasta el 26 de febrero de 2025.

Esto marca el vigésimo tercer año consecutivo de aumentos de dividendos por parte de la junta directiva de Avista, reflejando su compromiso de maximizar el valor y los retornos para los accionistas. Las decisiones de la junta sobre dividendos se basan en varios factores, incluidos los resultados financieros, las estrategias comerciales y las condiciones económicas.

Avista Corp. (NYSE: AVA)는 보통주에 대한 분기 배당금을 주당 0.49 달러로 인상한다고 발표했습니다. 이는 0.015 달러의 증가를 의미합니다. 이 조정으로 연간 배당금은 1.96 달러가 됩니다. 배당금은 2025년 3월 14일에 2025년 2월 26일 기준 주주에게 지급될 예정입니다.

이는 Avista 이사회가 23년 연속으로 배당금을 인상한 것을 의미하며, 주주 가치를 극대화하고 수익을 극대화하겠다는 그들의 의지를 반영합니다. 이사회의 배당금 결정은 재무 결과, 비즈니스 전략 및 경제적 조건을 포함한 다양한 요인을 기반으로 합니다.

Avista Corp. (NYSE: AVA) a annoncé une augmentation de son dividende trimestriel à 0,49 $ par action sur les actions ordinaires, représentant une augmentation de 0,015 $. Cet ajustement aboutit à un dividende annualisé de 1,96 $. Le dividende sera payé le 14 mars 2025 aux actionnaires inscrits au 26 février 2025.

Ceci marque la vingt-troisième année consécutive d'augmentations de dividendes par le conseil d'administration d'Avista, reflétant leur engagement à maximiser la valeur et les rendements pour les actionnaires. Les décisions de dividende du conseil sont basées sur divers facteurs, y compris les résultats financiers, les stratégies commerciales et les conditions économiques.

Avista Corp. (NYSE: AVA) hat eine Erhöhung seiner vierteljährlichen Dividende auf 0,49 $ pro Aktie auf Stammaktien bekannt gegeben, was eine Erhöhung um 0,015 $ darstellt. Diese Anpassung führt zu einer annualisierten Dividende von 1,96 $. Die Dividende wird am 14. März 2025 an die Aktionäre ausgezahlt, die am 26. Februar 2025 registriert sind.

Dies markiert das dreiundzwanzigste aufeinanderfolgende Jahr von Dividendensteigerungen durch den Vorstand von Avista, was ihr Engagement widerspiegelt, den Wert und die Renditen für die Aktionäre zu maximieren. Die Dividendenentscheidungen des Vorstands basieren auf verschiedenen Faktoren, einschließlich finanzieller Ergebnisse, Geschäftsstrategien und wirtschaftlicher Bedingungen.

Positive
  • 23 consecutive years of dividend increases, demonstrating consistent shareholder returns
  • 3.1% increase in quarterly dividend from previous amount
  • Annualized dividend raised to $1.96 per share
Negative
  • None.

SPOKANE, Wash., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.49 per share on the company’s common stock, an increase of $0.015 per share, yielding an annualized dividend of $1.96. The common stock dividend is payable March 14, 2025, to shareholders of record at the close of business on February 26, 2025.

“For twenty-three consecutive years, the board of directors has raised the dividend for our shareholders. I believe it demonstrates the board’s commitment to maximizing shareholder value and Avista’s commitment to shareholder returns,” said Avista President and Chief Executive Officer Heather Rosentrater.

The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including financial results, business strategies, and economic and competitive conditions.

About Avista Corp.
Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is the operating division that provides electric service to 418,000 customers and natural gas to 382,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service in the city and borough of Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock is traded under the ticker symbol "AVA." For more information about Avista, please visit www.avistacorp.com.

This news release contains forward-looking statements regarding the company’s current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company’s Annual Report on Form 10-K for the year ended Dec. 31, 2023, and the Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2024.

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To unsubscribe from Avista’s news release distribution, send reply message to lena.funston@avistacorp.com

Contact:
Avista 24/7 Media Line (509) 495-4174
Media: Lena Funston (509) 495-8090 lena.funston@avistacorp.com
Investors: Stacey Wenz (509) 495-2046 stacey.wenz@avistacorp.com


FAQ

What is Avista's new quarterly dividend amount for 2025?

Avista's new quarterly dividend is $0.49 per share, representing a $0.015 increase.

When will AVA's latest dividend be paid?

The dividend will be paid on March 14, 2025, to shareholders of record as of February 26, 2025.

How many consecutive years has AVA increased its dividend?

Avista has increased its dividend for twenty-three consecutive years.

What is AVA's new annualized dividend rate?

Avista's new annualized dividend rate is $1.96 per share.

What factors does AVA's board consider when declaring dividends?

The board considers financial results, business strategies, and economic and competitive conditions when declaring dividends.

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