IDACORP Increases Common Stock Dividend 5.6%
IDACORP, Inc. (IDA)
Last idacorp, inc. earnings: 8/1 06:30 am
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US:NYSE Investor Relations:
idacorpinc.com/investor-relations
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Source: Business Wire
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that its Board of Directors approved a 5.6% increase in the regular quarterly cash dividend on IDACORP’s common stock to $0.75 per share. At the new rate, the indicated dividend is $3.00 per share on an annual basis.“IDACORP’s Board of Directors has approved a dividend increase every year over the last decade, resulting in a cumulative average dividend growth rate of approximately 8.6%,” said Lisa Grow, IDACORP President and Chief Executive Officer. “These changes represent an overall increase of 150% in IDACORP’s quarterly dividend over that period. Our financial and operational performance have allowed us to increase the dividend to shareholders, all while Idaho Power customers continue to benefit from some of the lowest energy prices in the nation.“At this time, management expects to recommend to the Board of Directors future annual increases in the dividend of 5% or more, with the intent of remaining with
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IDA
News
- IDACORP Schedules First Quarter 2024 Earnings Release & Conference CallBusiness Wire
- IDACORP, Inc. Declares DividendBusiness Wire
- IDACORP's (NYSE:IDA) Returns Have Hit A Wall [Yahoo! Finance]Yahoo! Finance
- Prevalon Energy Secures Contract with Idaho Power for New Integrated Battery Energy Storage System (BESS) [Yahoo! Finance]Yahoo! Finance
- Prevalon Energy Secures Contract with Idaho Power for New Integrated Battery Energy Storage System (BESS)Business Wire
IDA
Earnings
- 2/15/24 - Beat
IDA
Sec Filings
- 4/2/24 - Form DEFA14A
- 3/5/24 - Form ARS
- 3/4/24 - Form 4
- IDA's page on the SEC website