Idacorp's most recent quarterly dividend payment of $0.83 per share was made to shareholders on record before Feb 2, 2024. The payout stands at $3.24 per share annually, which works out to a dividend yield of 3.42%.
IDA has a dividend yield of 3.42% which is below the Utilities sector, the industry and its peers average. But compared to its Utilities sector average of 3.49%, Idacorp's dividend yield is only 2% lower. The current dividend yield is above the historical average of 2.8% of the last 5 years.
Idacorp has been paying dividends for the last 30 years. According to our data IDA has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 5% for the last year. And since the stock price has gone down by 16% from a year ago, the dividend yield has increased by 25%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 2, 2024 | Feb 28, 2024 | Jan 18, 2024 | $0.83 | normal |
| Oct 31, 2023 | Nov 30, 2023 | Oct 19, 2023 | $0.83 | normal |
| Aug 1, 2023 | Aug 31, 2023 | Jul 20, 2023 | $0.79 | normal |
| May 2, 2023 | May 31, 2023 | Apr 20, 2023 | $0.79 | normal |
| Feb 3, 2023 | Feb 28, 2023 | Jan 19, 2023 | $0.79 | normal |
| Nov 1, 2022 | Nov 30, 2022 | Oct 20, 2022 | $0.79 | normal |
| Aug 2, 2022 | Aug 31, 2022 | Jul 21, 2022 | $0.75 | normal |
| May 2, 2022 | May 31, 2022 | Apr 21, 2022 | $0.75 | normal |
| Feb 2, 2022 | Feb 28, 2022 | Jan 20, 2022 | $0.75 | normal |
| Nov 4, 2021 | Nov 30, 2021 | Oct 21, 2021 | $0.75 | normal |
| Aug 4, 2021 | Aug 31, 2021 | Jul 15, 2021 | $0.71 | normal |
| May 4, 2021 | Jun 1, 2021 | Apr 15, 2021 | $0.71 | normal |
| Feb 4, 2021 | Mar 1, 2021 | Jan 21, 2021 | $0.71 | normal |
| Nov 4, 2020 | Nov 30, 2020 | Oct 15, 2020 | $0.71 | normal |
| Aug 4, 2020 | Aug 31, 2020 | Jul 16, 2020 | $0.67 | normal |
| May 4, 2020 | Jun 1, 2020 | Apr 16, 2020 | $0.67 | normal |
| Feb 4, 2020 | Feb 28, 2020 | Jan 16, 2020 | $0.67 | normal |
| Nov 4, 2019 | Dec 2, 2019 | Oct 17, 2019 | $0.67 | normal |
| Aug 2, 2019 | Aug 30, 2019 | Jul 18, 2019 | $0.63 | normal |
| May 3, 2019 | May 30, 2019 | Apr 18, 2019 | $0.63 | normal |
| Feb 4, 2019 | Feb 28, 2019 | Jan 17, 2019 | $0.63 | normal |
| Nov 2, 2018 | Nov 30, 2018 | Oct 18, 2018 | $0.63 | normal |
| Aug 3, 2018 | Aug 30, 2018 | Jul 19, 2018 | $0.59 | normal |
| May 4, 2018 | May 30, 2018 | Apr 19, 2018 | $0.59 | normal |
| Feb 2, 2018 | Feb 28, 2018 | Jan 18, 2018 | $0.59 | normal |
| Nov 3, 2017 | Nov 30, 2017 | Oct 19, 2017 | $0.59 | normal |
| Aug 4, 2017 | Aug 30, 2017 | Jul 20, 2017 | $0.55 | normal |
| May 3, 2017 | May 30, 2017 | Apr 20, 2017 | $0.55 | normal |
| Feb 2, 2017 | Feb 28, 2017 | Jan 19, 2017 | $0.55 | normal |
| Nov 3, 2016 | Nov 30, 2016 | Oct 20, 2016 | $0.55 | normal |
| Aug 3, 2016 | Aug 30, 2016 | Jul 21, 2016 | $0.51 | normal |
| May 3, 2016 | May 31, 2016 | Apr 21, 2016 | $0.51 | normal |
IDA has a payout ratio of 62.9% which is lower than the Utilities sector, the industry and its peers average. But if we consider the Utilities sector average of 66%, Idacorp's payout ratio is only 4.7% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HE Hawaiian Electric Industries Inc | 14.97% | $1.43 | 78.6% |
| AVA Avista Corp | 5.19% | $1.86 | 82.8% |
| POR Portland General Electric Co | 4.34% | $1.9 | 81.5% |
| EIX Edison International | 4.3% | $3.04 | 97.3% |
| PNM Pnm Resources Inc | 4.16% | $1.51 | 148% |
| XEL Xcel Energy Inc | 3.88% | $2.11 | 63.3% |
| IDA Idacorp Inc | 3.4% | $3.24 | 62.9% |
Yes, Idacorp has been paying dividends for the last 30 years.
IDA has announced its next dividend with ex-date May 3, 2024.
Idacorp's last dividend ex-date was on Feb 2, 2024. The dividend amount was $0.83 per share.
On an annual basis IDA pays $3.24 per share.
Currently Idacorp's dividend yield is 3.42%.
Idacorp pays four dividends per year.
Idacorp's dividend payout ratio is 62.9%.
Idacorp's dividend yield is similar to the Utilities sector average.