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BOISE - IDACORP, Inc. (NYSE:IDA) announced Thursday that its board of directors has declared a quarterly common stock dividend of $0.86 per share. The dividend will be payable on September 2, 2025, to shareholders of record at the close of business on August 5, 2025. According to InvestingPro data, IDACORP has maintained dividend payments for 55 consecutive years and raised them for the past 13 years, with a current yield of 2.9%.
The announcement came through a company press release statement issued from IDACORP’s headquarters in Boise, Idaho.
IDACORP is the holding company for Idaho Power, a regulated electric utility that serves customers in southern Idaho and eastern Oregon.
In other recent news, IDACORP Inc. reported its first quarter 2025 earnings, which exceeded Wall Street expectations. The company posted an earnings per share (EPS) of $1.10, surpassing the forecasted $1.06, and generated revenue of $448.94 million, which was higher than the predicted $440.71 million. This strong performance was driven by significant customer growth and increased retail revenues. Additionally, IDACORP announced a public offering of $450 million of its common stock, with major financial institutions like Morgan Stanley, J.P. Morgan, and Wells Fargo Securities acting as forward sellers. These developments are part of IDACORP’s broader strategy to support ongoing and future capital expenditures. The company has also set its full-year EPS guidance between $5.65 and $5.85. Analysts have noted IDACORP’s proactive approach in expanding its energy infrastructure as a positive sign. The company continues to focus on enhancing its renewable energy projects and transmission capabilities, with significant projects in the pipeline.
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