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GlobeNewswire·

Avista Corp. Board Increases Common Stock Dividend

  • Avista Corp. declared a quarterly dividend of $0.4925 per share, resulting in an annualized yield of $1.97.
  • The dividend is payable on March 13, 2026, to shareholders of record as of the close of business on February 25, 2026.
  • The company has increased its dividend for 24 consecutive years, achieving a compound annual growth rate exceeding 5 percent.
  • CEO Heather Rosentrater stated the dividend growth rate will remain lower than earnings per share growth until the payout ratio reaches the 60 to 70 percent target range.
  • Dividend declarations are at the sole discretion of the board, which evaluates financial results, business strategies, economic conditions, competitive factors, risk factors including those in the 2024 10-K 2025 10-Q 2026 2026.
  • Avista Utilities serves 422,000 electric customers 383,000 natural gas customers across 30,000 square miles in eastern Washington northern Idaho parts of southern eastern Oregon.
  • The company's Alaska subsidiary provides retail electric service in Juneau through Alaska Electric Light and Power Company.
  • Avista stock trades on the NYSE under the ticker symbol AVA.
  • The news release includes forward-looking statements subject to risks that could cause actual results to differ from expectations.