IDACORP (IDA) Raises Quarterly Dividend 5.6% to $0.75; 2.9% Yield

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Go back to IDACORP (IDA) Raises Quarterly Dividend 5.6% to $0.75; 2.9% Yield

IDACORP Increases Common Stock Dividend 5.6%

September 17, 2021 1:44 PM EDT

BOISE, Idaho--(BUSINESS WIRE)-- IDACORP, Inc. (NYSE: IDA) announced today that its Board of Directors approved a 5.6% increase in the regular quarterly cash dividend on IDACORPs common stock to $0.75 per share. At the new rate, the indicated dividend is $3.00 per share on an annual basis.

IDACORPs Board of Directors has approved a dividend increase every year over the last decade, resulting in a cumulative average dividend growth rate of approximately 8.6%, said Lisa Grow, IDACORP President and Chief Executive Officer. These changes represent an overall increase of 150% in IDACORPs quarterly dividend over... More