AVANGRID, Inc. (AGR) Declares $0.432 Quarterly Dividend; 4.2% Yield

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AVANGRID Reports 2015 Results, Announces Earnings Guidance and Declares Quarterly Dividend

February 22, 2016 7:24 AM EST

NEW HAVEN, Conn.--(BUSINESS WIRE)-- Today AVANGRID, Inc. (NYSE: AGR) reported consolidated net income of $267 million for 2015. These results include earnings for the full year for AVANGRID (formerly Iberdrola USA, Inc.) and earnings from December 17, 2015 through the end of 2015 for UIL Holdings Corporation (UIL). There is no meaningful earnings comparison to 2014.

In 2015, we successfully completed our merger transaction on target, obtaining all regulatory approvals and closing within 10 months of our announcement, commented James P. Torgerson, AVANGRIDs chief executive officer. Due to the timing of the merger, our full-year 2015 financials only include... More

AVANGRID Reports 2015 Results, Announces Earnings Guidance and Declares Quarterly Dividend

February 22, 2016 7:24 AM EST

NEW HAVEN, Conn.--(BUSINESS WIRE)-- Today AVANGRID, Inc. (NYSE: AGR) reported consolidated net income of $267 million for 2015. These results include earnings for the full year for AVANGRID (formerly Iberdrola USA, Inc.) and earnings from December 17, 2015 through the end of 2015 for UIL Holdings Corporation (UIL). There is no meaningful earnings comparison to 2014.

In 2015, we successfully completed our merger transaction on target, obtaining all regulatory approvals and closing within 10 months of our announcement, commented James P. Torgerson, AVANGRIDs chief executive officer. Due to the timing of the merger, our full-year 2015 financials only include... More