Avista Corp. (AVA) Declares $0.4225 Quarterly Dividend; 3.9% Yield

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Avista Corp. Board Declares Common Stock Dividend

August 5, 2021 6:28 PM EDT

SPOKANE, Wash., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Avista Corp.s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.4225 per share on the companys common stock. The common stock dividend is payable Sept. 15, 2021, to shareholders of record at the close of business on Aug. 19, 2021.

The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular... More

Avista Corp. Reports Financial Results for Second Quarter and Year-to-Date 2021, Confirms 2021 Consolidated Guidance, Lowers Avista Utilities Guidance for 2021 and 2022, and Confirms 2023 Consolidated

August 4, 2021 7:05 AM EDT

SPOKANE, Wash., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported net income of $14.1 million, or $0.20 per diluted share, for the second quarter of 2021, compared to $17.5 million, or $0.26 per diluted share, for the second quarter of 2020. For the six months ended June 30, 2021, net income was $82.1 million, or $1.18 per diluted share, compared to $65.9 million, or $0.98 per diluted share for the six months ended June 30, 2020.

Avista Utilities earnings were below expectations for the second quarter due to an increase in net power supply costs, mainly from higher customer loads due to an extended heat wave. We... More