Avista's most recent quarterly dividend of $0.475 per share was on Feb 22, 2024 (ex-date). The annualized payout of $1.86 per share represents a current dividend yield of 5.29%. The latest AVA distribution of $0.475 marks a dividend growth of 3.3%.
AVA has a dividend yield of 5.29% which is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.54%, Avista's dividend yield is 49% higher. The current dividend yield is above the historical average of 4.2% of the last 5 years.
Avista has a history of paying dividends since 1994. Our records of AVA show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.2% for the last twelve months. And since the stock price has gone down by 20% from a year ago, the dividend yield has an increase of 30%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 22, 2024 | Mar 15, 2024 | Feb 7, 2024 | $0.475 | normal |
| Nov 16, 2023 | Dec 15, 2023 | Nov 2, 2023 | $0.46 | normal |
| Aug 17, 2023 | Sep 15, 2023 | Aug 3, 2023 | $0.46 | normal |
| May 25, 2023 | Jun 15, 2023 | May 11, 2023 | $0.46 | normal |
| Feb 16, 2023 | Mar 15, 2023 | Feb 2, 2023 | $0.46 | normal |
| Nov 17, 2022 | Dec 15, 2022 | Nov 3, 2022 | $0.44 | normal |
| Aug 18, 2022 | Sep 15, 2022 | Aug 4, 2022 | $0.44 | normal |
| May 26, 2022 | Jun 15, 2022 | May 12, 2022 | $0.44 | normal |
| Feb 17, 2022 | Mar 15, 2022 | Feb 3, 2022 | $0.44 | normal |
| Nov 18, 2021 | Dec 15, 2021 | Nov 4, 2021 | $0.423 | normal |
| Aug 18, 2021 | Sep 15, 2021 | Aug 5, 2021 | $0.423 | normal |
| May 26, 2021 | Jun 15, 2021 | May 11, 2021 | $0.423 | normal |
| Feb 18, 2021 | Mar 15, 2021 | Feb 4, 2021 | $0.423 | normal |
| Dec 2, 2020 | Dec 15, 2020 | Nov 9, 2020 | $0.405 | normal |
| Aug 19, 2020 | Sep 15, 2020 | Aug 6, 2020 | $0.405 | normal |
| May 28, 2020 | Jun 15, 2020 | May 11, 2020 | $0.405 | normal |
| Feb 20, 2020 | Mar 13, 2020 | Feb 5, 2020 | $0.405 | normal |
| Nov 20, 2019 | Dec 13, 2019 | Nov 5, 2019 | $0.388 | normal |
| Aug 21, 2019 | Sep 13, 2019 | Aug 8, 2019 | $0.388 | normal |
| May 22, 2019 | Jun 14, 2019 | May 9, 2019 | $0.388 | normal |
| Feb 21, 2019 | Mar 15, 2019 | Feb 5, 2019 | $0.388 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Nov 19, 2018 | $0.373 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Aug 15, 2018 | $0.373 | normal |
| May 24, 2018 | Jun 15, 2018 | May 10, 2018 | $0.373 | normal |
| Feb 22, 2018 | Mar 15, 2018 | Feb 2, 2018 | $0.373 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 21, 2017 | $0.358 | normal |
| Aug 29, 2017 | Sep 15, 2017 | Aug 17, 2017 | $0.358 | normal |
| May 23, 2017 | Jun 15, 2017 | May 11, 2017 | $0.358 | normal |
| Feb 22, 2017 | Mar 15, 2017 | Feb 3, 2017 | $0.358 | normal |
| Nov 16, 2016 | Dec 15, 2016 | $0.343 | normal | |
| Aug 30, 2016 | Sep 15, 2016 | Aug 18, 2016 | $0.343 | normal |
| May 24, 2016 | Jun 15, 2016 | May 12, 2016 | $0.343 | normal |
| Feb 17, 2016 | Mar 15, 2016 | Feb 5, 2016 | $0.343 | normal |
AVA has a payout ratio of 82.8% which is higher than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 65.4%, Avista's payout ratio is 27% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AVA Avista Corp | 5.29% | $1.86 | 82.8% |
| BKH Black Hills Corp | 4.68% | $2.53 | 64.6% |
| POR Portland General Electric Co | 4.44% | $1.9 | 81.5% |
| WEC Wec Energy Group Inc | 3.89% | $3.18 | 75.2% |
| XEL Xcel Energy Inc | 3.85% | $2.11 | 65.7% |
| IDA Idacorp Inc | 3.45% | $3.24 | 62.9% |
| CMS Cms Energy Corp | 3.32% | $1.98 | 65.7% |
| CNP Centerpoint Energy Inc | 2.73% | $0.78 | 56.9% |
| MDU Mdu Resources Group Inc | 2.49% | $0.6 | 29.3% |
Yes, Avista has been paying dividends for the last 30 years.
At this point we don't have a record of AVA's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.
Avista's last dividend ex-date was on Feb 22, 2024. The dividend amount was $0.475 per share.
AVA's annualized dividend per share is $1.86.
Currently Avista's dividend yield is 5.29%.
Avista pays four dividends per year.
Avista's dividend payout ratio is 82.8%.
Avista's dividend yield is above the Utilities sector average.