Avista Declared A Quarterly Dividend Of $0.475 Per Share, An Increase Of $0.015 Per Share From Prior Dividend
Portfolio Pulse from Benzinga Newsdesk
Avista Corp. (NYSE:AVA) announced an increase in its quarterly dividend to $0.475 per share, up from the previous dividend, resulting in an annualized dividend of $1.90. The dividend is payable on March 15, 2024, to shareholders of record as of February 23, 2024.
February 08, 2024 | 6:54 am
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Avista Corp. has increased its quarterly dividend to $0.475 per share, with an annualized rate of $1.90, payable on March 15, 2024, to shareholders of record by February 23, 2024.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future prospects. This increase in Avista Corp.'s dividend could attract income-focused investors and potentially lead to a short-term uptick in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100