Avista Corp. announces a quarterly dividend of $0.49 per share, payable September 15, 2025.
Quiver AI Summary
Avista Corp. has announced a quarterly dividend of $0.49 per share on its common stock, payable on September 15, 2025, to shareholders recorded by August 19, 2025. The decision on dividend payments is made by the board of directors, who regularly assess various factors, including financial performance and market conditions. Avista is an energy company operating in the production, transmission, and distribution of electric and natural gas service, serving 423,000 electric customers and 383,000 gas customers across a service area that includes parts of Washington, Idaho, and Oregon. The stock is traded under the ticker symbol "AVA," and the press release also mentions the presence of forward-looking statements that may involve risks and uncertainties. For further information, stakeholders can contact the company directly.
Potential Positives
- Avista Corp. has declared a quarterly dividend of $0.49 per share, demonstrating a commitment to returning value to shareholders.
- The dividend is scheduled to be payable on September 15, 2025, which provides shareholders with a clear timeline for receiving their return on investment.
- The company’s board of directors regularly reviews dividend levels based on financial results and market conditions, indicating proactive financial management.
Potential Negatives
- The mention of "risks and uncertainties" in the forward-looking statements may raise concerns among investors regarding the company's future performance and financial stability.
- The declaration of dividends at the "sole discretion" of the board could imply potential volatility or inconsistency in dividend payments, which may deter income-focused investors.
- There is no mention of improved financial results or strategic initiatives, which may lead to skepticism about the company's growth prospects and ability to sustain dividends in the future.
FAQ
What is Avista Corp.'s recent dividend announcement?
Avista Corp. declared a quarterly dividend of $0.49 per share on its common stock, payable on September 15, 2025.
When will the dividend be paid?
The dividend will be paid on September 15, 2025, to shareholders of record as of August 19, 2025.
Who does Avista Corp. serve?
Avista Corp. provides electric service to 423,000 customers and natural gas to 383,000 customers in its service territory.
What areas does Avista cover?
Avista operates in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, covering 30,000 square miles.
How is the dividend amount determined?
The board of directors reviews various factors including financial results and competitive conditions to determine dividend levels.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AVA Insider Trading Activity
$AVA insiders have traded $AVA stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $AVA stock by insiders over the last 6 months:
- BRYAN ALDEN COX (Senior Vice President) has made 0 purchases and 2 sales selling 4,927 shares for an estimated $193,934.
- RYAN L KRASSELT (Vice President) sold 4,000 shares for an estimated $160,026
- SCOTT J KINNEY (Vice President) has made 0 purchases and 3 sales selling 3,322 shares for an estimated $127,782.
- WAYNE O MANUEL (Vice President) has made 0 purchases and 2 sales selling 3,000 shares for an estimated $120,002.
- DAVID J MEYER (Vice President) sold 2,000 shares for an estimated $79,317
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$AVA Hedge Fund Activity
We have seen 209 institutional investors add shares of $AVA stock to their portfolio, and 132 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PUBLIC SECTOR PENSION INVESTMENT BOARD removed 3,325,427 shares (-93.0%) from their portfolio in Q1 2025, for an estimated $139,235,628
- BLACKROCK, INC. removed 2,026,886 shares (-13.1%) from their portfolio in Q1 2025, for an estimated $84,865,716
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- JANE STREET GROUP, LLC added 498,318 shares (+8255.8%) to their portfolio in Q1 2025, for an estimated $20,864,574
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Full Release
SPOKANE, Wash., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.49 per share on the company’s common stock. The common stock dividend is payable September 15, 2025, to shareholders of record at the close of business on August 19, 2025.
The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including financial results, business strategies, and economic and competitive conditions.
About Avista Corp.
Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses.
Avista Utilities
is the operating division that provides electric service to 423,000 customers and natural gas to 383,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service in the city and borough of Juneau, Alaska, through its subsidiary
Alaska Electric Light and Power Company
. Avista stock is traded under the ticker symbol "AVA." For more information about Avista, please visit
www.avistacorp.com
.
This news release contains forward-looking statements regarding the company’s current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company’s Annual Report on Form 10-K for the year ended
Dec. 31, 2024.
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Contact:
Avista 24/7 Media Line (509) 495-4174
Media: Lena Funston (509) 495-8090
[email protected]
Investors: Stacey Walters (509) 495-2046
[email protected]