Avista Corporation (AVA) To Go Ex-Dividend on May 19th

Avista Corporation (NYSE:AVA) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Tuesday, May 19th will be paid a dividend of 0.4925 per share by the utilities provider on Friday, June 12th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Tuesday, May 19th.

Avista has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 23 consecutive years. Avista has a dividend payout ratio of 71.9% indicating that its dividend is sufficiently covered by earnings. Equities 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 Stock Down 1.9%

Shares of NYSE AVA opened at $40.38 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.90 and a quick ratio of 0.60. Avista has a 1 year low of $35.50 and a 1 year high of $43.50. The company has a 50 day simple moving average of $40.51 and a 200 day simple moving average of $40.25. The firm has a market cap of $3.34 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 3.78 and a beta of 0.24.

Avista (NYSE:AVA) last released its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.06. Avista had a net margin of 10.75% and a return on equity of 7.65%. The firm had revenue of $570.00 million during the quarter, compared to analyst estimates of $643.55 million. During the same quarter last year, the business earned $0.98 EPS. The company’s revenue was down 8.0% compared to the same quarter last year. Avista has set its FY 2026 guidance at 2.520-2.720 EPS. On average, research analysts forecast that Avista will post 2.59 EPS for the current year.

Avista Company Profile

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.