Avista Corp. Announces New Quarter Dividend for Shareholders
Avista Corp. Board Declares Quarterly Dividend
Avista Corp. (NYSE: AVA) has officially declared a quarterly dividend of $0.49 per share on its common stock. This decision is part of the company's ongoing commitment to ensure consistent shareholder returns. The dividend will be distributed on September 15, 2025, to shareholders who are on record as of August 19, 2025.
Understanding Dividend Declarations
Decision-Making Factors
The board of directors at Avista Corp. reviews dividend levels regularly and makes their decisions based on various considerations. These factors include the company's financial performance, strategic goals, and the prevailing economic conditions in the energy sector. This proactive approach helps Avista maintain a sustainable dividend policy.
Impacts of the Dividend
The declaration of a dividend is a crucial component of a company's financial strategy. For investors, dividends represent a portion of the company’s earnings and reward them for their patience and investment in the company. Regular dividends can reflect a company's financial health and stability. Avista Corp.'s commitment to paying dividends supports its reputation as a reliable investment choice, particularly for income-focused investors.
About Avista Corp. and Its Operations
Avista Corp. operates in the energy sector, providing essential services in the production, transmission, and distribution of electricity and natural gas. The company is dedicated to serving its customers efficiently and responsibly. Avista Utilities, a subsidiary of Avista Corp., supplies electric services to over 423,000 customers and natural gas to about 383,000 customers across a vast service area. This region spans approximately 30,000 square miles, encompassing parts of eastern Washington, northern Idaho, and sections of southern and eastern Oregon.
The Broader Context of Energy Sector Dividends
Market Trends
The energy sector, particularly public utilities, often embraces dividend declarations as a means to instill confidence in shareholders and attract investment. As companies navigate fluctuating market conditions, a steady stream of dividends becomes a key factor in boosting investor sentiment and ensuring long-term partnerships.
Avista's Competitive Edge
Avista's position as a trusted energy provider stems from its diversified portfolio and commitment to sustainable energy solutions. The company's subsidiary, Alaska Energy and Resources Company, extends its reach into Alaska, serving customers in Juneau through its affiliate, Alaska Electric Light and Power Company. This diverse operational territory strengthens Avista's market presence and underlines its strategic importance in the energy landscape.
Contact Information for Shareholder Queries
For inquiries regarding the recent dividend declaration or other investor-related questions, shareholders can reach out to Avista through various channels. The Media Line is available 24/7 at (509) 495-4174. Additionally, media inquiries can be directed to Lena Funston at (509) 495-8090, while investor-related questions can be addressed to Stacey Walters at (509) 495-2046.
Frequently Asked Questions
What is the declared dividend amount by Avista Corp.?
Avista Corp. has declared a quarterly dividend of $0.49 per share on its common stock.
When will the dividend be paid?
The dividend is payable on September 15, 2025.
What factors influence Avista's dividend declaration?
Factors include financial results, business strategies, and economic conditions, which the board evaluates regularly.
Who can receive the declared dividends?
Shareholders of record by August 19, 2025, will qualify for this dividend.
How can I contact Avista for investor inquiries?
Investors can contact Avista through their Media Line or reach specific personnel for further assistance.
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