Avista Corporation (AVA) To Go Ex-Dividend on August 18th

Avista Corporation (NYSE:AVA) declared a quarterly dividend on Tuesday, August 4th. Investors of record on Tuesday, August 18th will be paid a dividend of 0.4925 per share by the utilities provider on Monday, September 14th. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Tuesday, August 18th.

Avista has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 23 years. Avista has a payout ratio of 71.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Avista to earn $2.72 per share next year, which means the company should continue to be able to cover its $1.97 annual dividend with an expected future payout ratio of 72.4%.

Avista Trading Down 1.0%

NYSE:AVA opened at $38.83 on Thursday. Avista has a 52 week low of $35.50 and a 52 week high of $43.50. The firm has a 50 day moving average of $41.21 and a 200 day moving average of $40.98. The company has a quick ratio of 0.60, a current ratio of 1.10 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 14.02, a PEG ratio of 3.67 and a beta of 0.25.

Avista (NYSE:AVA) last announced its earnings results on Monday, August 3rd. The utilities provider reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.20. Avista had a return on equity of 7.85% and a net margin of 11.83%.The company had revenue of $413.00 million for the quarter, compared to analyst estimates of $426.93 million. During the same period in the prior year, the company posted $0.17 EPS. The firm’s quarterly revenue was up .5% compared to the same quarter last year. Avista has set its FY 2026 guidance at 2.520-2.720 EPS. As a group, sell-side analysts anticipate that Avista will post 2.58 earnings per share for the current fiscal year.

About Avista

Avista Corporation operates as an integrated energy company providing electric and natural gas delivery services to residential, commercial and industrial customers in the Pacific Northwest. Through its regulated utility operations, the company maintains and upgrades an extensive transmission and distribution network, delivering reliable energy to approximately 400,000 electric customers and 324,000 natural gas customers across Washington, Oregon and Idaho. In addition to its core utility business, Avista invests in owned generation assets, including hydroelectric, natural gas–fired, coal and wind facilities, to support system reliability and long-term supply planning.

Founded in 1889 as the Spokane and Inland Empire Water Power Company, the business adopted the Avista name in 1999 to reflect its growing energy portfolio and strategic focus on innovation.