Avangrid's last quarterly dividend was on Aug 31, 2023 (ex-date) with a distribution of $0.44 per share. On an annualized basis, the company has a current payout of $1.76 per share. This brings the dividend yield to 6.21% based on its recent close price.
Avangrid's dividend yield of 6.21% is above the Utilities sector and the industry average. Compared to its Utilities sector average of 3.86%, Avangrid's dividend yield is 61% higher. The current dividend yield is above the historical average of 3.8% of the last 5 years.
Avangrid has been paying dividends since 2016. AGR has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price down by 32% from a year ago, the dividend yield has grown by 47%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 31, 2023 | Oct 2, 2023 | Jul 18, 2023 | $0.44 | normal |
| May 31, 2023 | Jul 3, 2023 | Apr 12, 2023 | $0.44 | normal |
| Feb 28, 2023 | Apr 3, 2023 | Feb 16, 2023 | $0.44 | normal |
| Nov 30, 2022 | Jan 3, 2023 | Oct 19, 2022 | $0.44 | normal |
| Sep 1, 2022 | Oct 3, 2022 | Jul 20, 2022 | $0.44 | normal |
| Jun 2, 2022 | Jul 1, 2022 | Mar 30, 2022 | $0.44 | normal |
| Feb 28, 2022 | Apr 1, 2022 | Feb 16, 2022 | $0.44 | normal |
| Dec 10, 2021 | Jan 3, 2022 | Dec 2, 2021 | $0.44 | normal |
| Sep 2, 2021 | Oct 1, 2021 | Jul 12, 2021 | $0.44 | normal |
| Jun 3, 2021 | Jul 1, 2021 | Apr 13, 2021 | $0.44 | normal |
| Mar 4, 2021 | Apr 1, 2021 | Feb 16, 2021 | $0.44 | normal |
| Dec 15, 2020 | Dec 31, 2020 | Dec 3, 2020 | $0.03 | normal |
| Dec 10, 2020 | Jan 4, 2021 | Dec 3, 2020 | $0.44 | normal |
| Aug 31, 2020 | Oct 1, 2020 | Jul 14, 2020 | $0.44 | normal |
| Jun 1, 2020 | Jul 1, 2020 | Apr 27, 2020 | $0.44 | normal |
| Mar 5, 2020 | Apr 1, 2020 | Feb 19, 2020 | $0.44 | normal |
| Dec 11, 2019 | Jan 2, 2020 | Dec 2, 2019 | $0.44 | normal |
| Sep 5, 2019 | Oct 1, 2019 | Jul 16, 2019 | $0.44 | normal |
| Jun 6, 2019 | Jul 1, 2019 | Apr 11, 2019 | $0.44 | normal |
| Mar 7, 2019 | Apr 1, 2019 | Feb 13, 2019 | $0.44 | normal |
| Dec 10, 2018 | Jan 2, 2019 | Dec 1, 2018 | $0.44 | normal |
| Sep 6, 2018 | Oct 1, 2018 | Jul 11, 2018 | $0.44 | normal |
| Jun 7, 2018 | Jul 2, 2018 | Apr 25, 2018 | $0.432 | normal |
| Mar 8, 2018 | Apr 2, 2018 | Feb 15, 2018 | $0.432 | normal |
| Dec 8, 2017 | Jan 2, 2018 | Dec 1, 2017 | $0.432 | normal |
| Sep 7, 2017 | Oct 2, 2017 | Jul 6, 2017 | $0.432 | normal |
| Jun 7, 2017 | Jul 3, 2017 | Apr 21, 2017 | $0.432 | normal |
| Mar 8, 2017 | Apr 3, 2017 | Feb 16, 2017 | $0.432 | normal |
| Dec 8, 2016 | Jan 3, 2017 | Dec 2, 2016 | $0.432 | normal |
| Sep 7, 2016 | Oct 3, 2016 | Jul 14, 2016 | $0.432 | normal |
| Jun 8, 2016 | Jul 1, 2016 | Apr 20, 2016 | $0.432 | normal |
| Mar 8, 2016 | Apr 1, 2016 | Feb 22, 2016 | $0.432 | normal |
Avangrid's payout ratio of 117.3% is above the Utilities sector and the industry average. Compared to its Utilities sector average of 65.1%, Avangrid's payout ratio is 80% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AGR Avangrid Inc | 6.21% | $1.76 | 117.3% |
| OGE Oge Energy Corp | 5.21% | $1.66 | 75.3% |
| NRG Nrg Energy Inc | 3.98% | $1.48 | N/A |
| OTTR Otter Tail Corp | 2.32% | $1.73 | 26.5% |
Yes, Avangrid has paid four dividends in the last 12 months. AGR has been paying dividends since 2016.
Currently AGR's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2023.
Avangrid's last dividend ex-date was on Aug 31, 2023. The dividend amount was $0.44 per share.
AGR has paid dividend of $1.76 per share in the last year.
The current dividend yield of Avangrid is 6.21%.
Avangrid pays four dividends per year.
The dividend payout ratio of Avangrid is 117.3%.
Avangrid's dividend yield is above the Utilities sector average.