AVA - Avista Corp. Board Increases Common Stock Dividend | Benzinga
SPOKANE, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp.'s (NYSE:AVA) board of directors has declared a quarterly dividend of $0.475 per share on the company's common stock, an increase of $0.015 per share, yielding an annualized dividend of $1.90. The common stock dividend is payable March 15, 2024, to shareholders of record at the close of business on February 23, 2024.
"The dividend increase approved by the board of directors marks the twenty-second consecutive year the board has raised the dividend for our shareholders. I believe it demonstrates the board's commitment to maximizing shareholder value," said Avista Chief Executive Officer Dennis Vermillion.
The declaration of dividends is at the sole discretion of the board of directors. The board considers the ...