IDACORP, Inc. reports utility earnings, dividend actions, and regulatory developments tied to its Idaho Power subsidiary. The company is a holding company whose primary business is regulated electric utility operations, including the generation, transmission, distribution, sale, and purchase of electric energy and capacity.
Recurring IDACORP news focuses on customer growth, rate changes, earnings guidance, common stock dividends, power supply assumptions, and utility operating costs. Company updates also address infrastructure investment, wildfire mitigation expenses, tax credits under Idaho regulatory mechanisms, and regulatory outcomes affecting Idaho Power customer rates.
On July 16, 2020, IDACORP, Inc. (NYSE:IDA) announced a common stock dividend of $0.67 per share. This dividend is set to be paid on August 31, 2020, to shareholders recorded by the close of business on August 5, 2020. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.
IDACORP, Inc. (NYSE:IDA) will release its second quarter earnings results on July 30, 2020, before market opening. A conference call for analysts is also scheduled for 2:30 PM MT to discuss these results. The company operates Idaho Power and focuses on clean energy, targeting 100% clean energy by 2045. It serves a large customer base across Idaho and Oregon, leveraging low-cost hydropower to keep electricity prices competitive. For further details, visit www.idacorpinc.com.