Avista Corp Raises Quarterly Dividend to $0.4925, Annualized $1.97
The board declared a $0.4925 quarterly dividend (annualized $1.97), payable March 13 to shareholders of record February 25. Avista has raised dividends for 24 consecutive years at a compound annual growth rate above 5% and expects dividend growth to trail earnings per share until its payout ratio reaches 60–70%.
1. Dividend Increase Details
Avista’s board declared a quarterly common stock dividend of $0.4925 per share, which annualizes to $1.97. The dividend is payable March 13, 2026, to shareholders of record as of February 25, 2026.
2. Long-Term Growth Track Record
The board has raised dividends for 24 consecutive years, achieving a compound annual growth rate above 5% since the program’s inception. This milestone reflects a sustained commitment to enhancing shareholder returns.
3. Forward Dividend Policy and Payout Goals
Avista expects dividend growth to trail earnings per share until its payout ratio reaches a target range of 60%–70%. The board will review future dividend levels regularly, considering financial results, business strategy and economic conditions.