Avista Corp. Board Declares Common Stock Dividend

Rhea-AI Summary

Avista Corp. declares a quarterly dividend of $0.46 per share on its common stock. The dividend is payable on December 15, 2023, to shareholders of record as of November 17, 2023.

SPOKANE, Wash., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.46 per share on the company’s common stock. The common stock dividend is payable December 15, 2023, to shareholders of record at the close of business on November 17, 2023.

The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including financial results, business strategies, and economic and competitive conditions.

About Avista Corp.

Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is the operating division that provides electric service to 415,000 customers and natural gas to 378,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service in the city and borough of Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock is traded under the ticker symbol "AVA."  For more information about Avista, please visit www.avistacorp.com.

This news release contains forward-looking statements regarding the company’s current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company’s Annual Report on Form 10-K for the year ended
Dec. 31, 2022, and the Quarterly Report on Form 10-Q for the quarter ended
Sept. 30, 2023.

To unsubscribe from Avista’s news release distribution, send reply message to lena.funston@avistacorp.com

Contact:        
Avista 24/7 Media Line (509) 495-4174
Media: Laurine Jue (509) 495-2510 laurine.jue@avistacorp.com  
Investors: Stacey Wenz (509) 495-2046 stacey.wenz@avistacorp.com

What is the dividend declared by Avista Corp.?

Avista Corp. has declared a quarterly dividend of $0.46 per share on its common stock.

When will the dividend be paid?

The dividend will be payable on December 15, 2023.

Who is eligible to receive the dividend?

Shareholders of Avista Corp. as of November 17, 2023, are eligible to receive the dividend.

What factors does Avista Corp.'s board of directors consider when declaring dividends?

Avista Corp.'s board of directors considers numerous factors, including financial results, business strategies, and economic and competitive conditions.