Avista Corp. Board Increases Common Stock Dividend

Rhea-AI Summary

Avista (NYSE: AVA) declared a quarterly common-stock dividend of $0.4925 per share, equal to an annualized dividend of $1.97. The dividend is payable March 13, 2026 to shareholders of record at the close of business on February 25, 2026.

The board noted this is the 24th consecutive year of dividend increases and said dividend growth will trail earnings growth until a target payout range of 60–70% is reached. Dividend declarations remain at the board's discretion.

Positive

• Quarterly dividend set at $0.4925 per share
• Annualized dividend equals $1.97
• 24 consecutive years of dividend increases

Negative

• Board says dividend growth will lag EPS growth until 60–70% payout reached
• Dividends remain discretionary at the board, not guaranteed

News Market Reaction

+1.27%

1 alert

+1.27% News Effect

On the day this news was published, AVA gained 1.27%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

SPOKANE, Wash., Feb. 09, 2026 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.4925 per share on the company’s common stock, yielding an annualized dividend of $1.97. The common stock dividend is payable March 13, 2026, to shareholders of record at the close of business on February 25, 2026.

“For twenty-four consecutive years, the board of directors has raised the dividend for our shareholders, resulting in compound annual growth of more than 5 percent over that time period. I believe it demonstrates the board’s commitment to maximizing shareholder value,” said Avista President and Chief Executive Officer Heather Rosentrater. “We remain committed to the importance of returns for our shareholders and to the financial strength of our company. We expect that our dividend growth rate will be less than the growth in our earnings per share until we reach our target payout range of 60 to 70 percent.”

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 422,000 customers and natural gas to 383,000 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, 2024, and the Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2025.

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: Lena Funston (509) 495-8090 lena.funston@avistacorp.com
Investors: Stacey Walters (509) 495-2046 stacey.walters@avistacorp.com

FAQ

What dividend did Avista (AVA) declare for March 13, 2026?

Avista declared a quarterly dividend of $0.4925 per share. According to the company, the dividend is payable March 13, 2026 to shareholders of record at the close of business on February 25, 2026.

What is Avista's (AVA) annualized dividend after the February 2026 declaration?

The annualized dividend following the declaration is $1.97 per share. According to the company, that figure is based on the quarterly rate of $0.4925 multiplied across four quarters.

How long has Avista (AVA) been increasing its dividend consecutively?

Avista has increased its dividend for 24 consecutive years. According to the company, this sequence reflects compound annual growth of more than 5% over that period.

Will Avista (AVA) continue raising dividends at the same pace as earnings?

No; the board expects dividend growth to be less than earnings per share growth until payout reaches 60–70%. According to the company, the target payout range guides future dividend increases.

Who is eligible to receive Avista's (AVA) March 2026 dividend and when is the record date?

Shareholders of record at the close of business on February 25, 2026 are eligible for the March 13, 2026 payment. According to the company, the dividend will be paid to those recorded on that date.