Avista Corp. (AVA) Raises Quarterly Dividend 4.4% to $0.3575; 3.7% Yield
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Avista Corp. (NYSE: AVA) declared a quarterly dividend of $0.3575 per share, or $1.43 annualized. This is a 4.4% increase from the prior dividend of $0.3425.
The dividend will be payable on March 15, 2017, to stockholders of record on February 24, 2017, with an ex-dividend date of February 22, 2017.
The annual yield on the dividend is 3.7 percent.
"The dividend increase approved by the board of directors marks the fifteenth consecutive year the board has raised the dividend for our shareholders. I believe it demonstrates the board's continued confidence in the financial strength of our company," said Avista Corp. Chairman, President and Chief Executive Officer Scott Morris.
For a dividend history and other dividend-related data on Avista Corp. (AVA) click here.
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