Avista Corp. Declares Quarterly Dividend of $0.49 per Share

Avista Corp. declares a quarterly dividend of $0.49 per share, payable June 13, 2025, to eligible shareholders.

Quiver AI Summary

Avista Corp. has announced a quarterly dividend of $0.49 per share on its common stock, which will be paid on June 13, 2025, to shareholders on record as of May 13, 2025. The decision to declare dividends is made at the discretion of the board of directors, who regularly review factors such as financial performance, business strategy, and market conditions. Avista, an energy company, provides electric and natural gas services across a broad territory in the Pacific Northwest and Alaska, serving over 800,000 customers. Stock for Avista is traded under the ticker "AVA," and the release includes forward-looking statements, indicating that actual outcomes may vary due to various risks and uncertainties.

Potential Positives

Avista Corp. has announced a quarterly dividend of $0.49 per share, demonstrating the company's commitment to returning value to its shareholders.
The dividend declaration reflects the company's positive financial outlook and the board of directors' confidence in its business strategies and economic conditions.
Shareholders will receive the dividend on June 13, 2025, benefiting those who hold shares as of May 13, 2025, which may enhance shareholder loyalty and attract potential investors.
Avista's diverse service operations, including electric and natural gas service to hundreds of thousands of customers across multiple states, underscore the company's stability and growth potential in the energy sector.

Potential Negatives

The declaration of dividends is at the sole discretion of the board of directors, which may indicate instability or unpredictability in future dividend payments.
Forward-looking statements highlight potential risks and uncertainties, suggesting that the company's future performance may be uncertain.

FAQ

What is the dividend amount declared by Avista Corp.?

Avista Corp. has declared a quarterly dividend of $0.49 per share on its common stock.

When will the Avista dividend be payable?

The declared dividend will be payable on June 13, 2025, to shareholders of record as of May 13, 2025.

What factors influence Avista's dividend declarations?

The board of directors considers financial results, business strategies, and competitive conditions when declaring dividends.

Where can I find more information about Avista Corp.?

More information about Avista can be found on their website at www.avistacorp.com.

How does Avista serve its customers?

Avista Utilities provides electric service to 422,000 customers and natural gas to 383,000 customers across its service area.

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 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 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
WAYNE O MANUEL (Vice President) has made 0 purchases and 2 sales selling 3,000 shares for an estimated $120,002.
SCOTT J KINNEY (Vice President) has made 0 purchases and 2 sales selling 2,298 shares for an estimated $89,054.
DAVID J MEYER (Vice President) sold 2,000 shares for an estimated $79,317

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$AVA Hedge Fund Activity

We have seen 160 institutional investors add shares of $AVA stock to their portfolio, and 149 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 608,501 shares (+4.1%) to their portfolio in Q4 2024, for an estimated $22,289,391
WESTWOOD HOLDINGS GROUP INC removed 379,801 shares (-22.9%) from their portfolio in Q4 2024, for an estimated $13,912,110
TORTOISE CAPITAL ADVISORS, L.L.C. removed 333,481 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $12,215,409
VANGUARD GROUP INC added 327,535 shares (+3.3%) to their portfolio in Q4 2024, for an estimated $11,997,607
STATE STREET CORP added 294,702 shares (+6.3%) to their portfolio in Q4 2024, for an estimated $10,794,934
INVENOMIC CAPITAL MANAGEMENT LP removed 275,741 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $10,100,392
INVESCO LTD. added 274,270 shares (+27.2%) to their portfolio in Q4 2024, for an estimated $10,046,510

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release

SPOKANE, Wash., May 01, 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 June 13, 2025, to shareholders of record at the close of business on May 13, 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 422,000 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]