Avista Corp. Increases Common Stock Dividend

Board raises quarterly dividend by 5% for 24th consecutive year.

Published on Feb. 9, 2026

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Avista Corp., an energy company based in Spokane, Washington, announced that its 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. This marks the 24th consecutive year the board has raised the dividend, demonstrating its commitment to maximizing shareholder value.

Why it matters

Avista's consistent dividend increases over the past two decades showcase the company's financial strength and stability, which is important for shareholders and the broader energy industry in the region. The dividend hike also signals Avista's confidence in its long-term growth prospects.

The details

Avista's board cited the company's strong financial performance and business strategies as reasons for the dividend increase. The new quarterly dividend of $0.4925 per share represents a 5% increase from the previous level. Avista expects its dividend growth rate to be less than the growth in its earnings per share until it reaches a target payout ratio of 60-70%.

  • The common stock dividend is payable on March 13, 2026 to shareholders of record as of February 25, 2026.

The players

Avista Corp.

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 and natural gas service to customers in the Pacific Northwest.

Heather Rosentrater

President and Chief Executive Officer of Avista Corp.

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What they’re saying

“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.”

— Heather Rosentrater, President and Chief Executive Officer (Avista Corp.)

What’s next

Avista's board will continue to regularly review the company's dividend level, taking into account financial results, business strategies, and economic conditions.

The takeaway

Avista's long track record of consecutive annual dividend increases underscores the company's financial discipline and commitment to returning value to shareholders, even as it navigates the evolving energy landscape in the Pacific Northwest.