On Wednesday, February 12th the Board of Directors of Avista Corporation (AVA) announced a quarterly dividend increase of from $0.47 to $0.49 per share that’s payable March 14, 2025 to holders of record February 26, 2025. This represents a 3.16% increase over the last quarterly dividend.
“For twenty-three consecutive years, the board of directors has raised the dividend for our shareholders. I believe it demonstrates the board’s commitment to maximizing shareholder value and Avista’s commitment to shareholder returns,” said Avista President and Chief Executive Officer Heather Rosentrater.
At the current price of $36.77 (Friday's close), this increase will raise AVA's dividend yield to 5.33%.