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SPOKANE - Avista Corp. (NYSE:AVA) announced Wednesday that its board of directors has declared a quarterly dividend of $0.49 per share on the company’s common stock.
The dividend will be payable on September 15, 2025, to shareholders of record at the close of business on August 19, 2025, according to a press release from the utility provider.
Avista noted that dividend declarations are made at the sole discretion of the board of directors, who regularly evaluate dividend levels by considering financial results, business strategies, and economic conditions.
Avista Corp. operates as an energy company focused on production, transmission, and distribution of energy. Its primary operating division, Avista Utilities, provides electric service to 423,000 customers and natural gas to 383,000 customers across a 30,000 square mile service territory spanning eastern Washington, northern Idaho, and parts of Oregon.
The company also maintains a presence in Alaska through its subsidiary Alaska Energy and Resources Company, which provides retail electric service in Juneau through Alaska Electric Light and Power Company.
Avista stock trades on the New York Stock Exchange under the ticker symbol "AVA."
In other recent news, Avista Corporation reported its Q2 2025 earnings, which fell short of analyst expectations. The company announced an earnings per share (EPS) of $0.17, significantly missing the projected $0.2964 by 42.65%. Additionally, Avista’s revenue was reported at $400 million, below the anticipated $411.41 million, resulting in a 2.77% shortfall. These results represent notable developments for the company. Analysts had anticipated better financial outcomes, and the earnings report led to a decline in Avista’s stock. These recent developments highlight the challenges faced by Avista in meeting market expectations.
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