Avista Corporation

AVA23 yrs growth

Utilities · Utilities - Diversified · Stock · quarterly payer

$37.23

Fairly valued · +9% Add to Portfolio

Forward Yield

5.28%

Annual Dividend

$1.97

Payout Ratio

71%

5-Yr Growth

3.9%

Ex-Date

Aug 18, 2026

Frequency

Quarterly

Key facts about AVA's dividend

Data as of Oct 27, 2026 · Source: SmarterDividends data

As of Oct 27, 2026, Avista Corporation (AVA) has a forward dividend yield of 5.28%, based on an annual dividend of $1.97 per share and a share price of $37.23.
As of Oct 27, 2026, AVA's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, Avista Corporation (AVA) has raised its dividend for 23 consecutive years as of Oct 27, 2026.
AVA last cut its regular dividend in 1998.
AVA's most recent ex-dividend date was Aug 18, 2026, for a dividend of $0.49 per share.
As of Oct 27, 2026, AVA pays out 71% of its trailing 12-month earnings as dividends (its payout ratio).
AVA's dividend has grown at an average rate of 3.9% a year over the past five years.
As of Oct 27, 2026, AVA's 5.28% yield is 13% above its five-year average yield of 4.66%.
As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for AVA is $40.73 per share, 9% above the $37.23 share price, so AVA screens as fairly valued.
Avista Corporation (AVA) pays its dividend quarterly, 4 times a year.
Avista Corporation (AVA) has raised its regular dividend 26 times and cut it 1 time across the 158 payments on record since 1987. Its most recent change was a 0.6% increase to $0.493 per share, going ex-dividend on Feb 25, 2026. The last cut went ex-dividend on Dec 1, 1998.
Avista (AVA) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 0.6%, was declared on Feb 9, 2026.

Cite this page

SmarterDividends, "AVA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/AVA

Summary

As of Oct 27, 2026, Avista Corporation (AVA) yields 5.28% ($1.97 a year per share), has a dividend safety grade of A (85/100) and has 23 consecutive years of dividend increases on record.

Is AVA a good dividend stock?

Yes

Avista Corporation (AVA) pays a quarterly dividend yielding 5.28% ($1.97/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

23 consecutive years of dividend growth
Top-tier dividend safety score

Risks

Cut its dividend in 1998
Share price is down over the past 5 years

Key Data

Dividend Yield: 5.28%
Payout Ratio: 71%
Annual Dividend: $1.97
5-Yr Avg Growth: 3.9%
Ex-Dividend Date: Aug 18, 2026
Years of Growth: 23
Frequency: quarterly
Beta: 0.21
Market Cap: $3.1B
P/E Ratio: 13.4
5-Yr Total Return: -2%
52-Week Range: $34.46 – $43.50
Dividend Safety: A · 85/100
Ever Cut?: Yes (1998)

AVA dividend raises and cuts

Avista Corporation (AVA) has raised its regular dividend 26 times and cut it 1 time across the 158 payments on record since 1987. Its most recent change was a 0.6% increase to $0.493 per share, going ex-dividend on Feb 25, 2026. The last cut went ex-dividend on Dec 1, 1998.

Ex-date	Change	Old → new	Move
Feb 25, 2026	Raise	$0.490 → $0.493	+0.6%
Feb 26, 2025	Raise	$0.475 → $0.490	+3.2%
Feb 22, 2024	Raise	$0.460 → $0.475	+3.3%
Feb 16, 2023	Raise	$0.440 → $0.460	+4.5%
Feb 17, 2022	Raise	$0.423 → $0.440	+4.0%
Feb 18, 2021	Raise	$0.405 → $0.423	+4.4%
Feb 20, 2020	Raise	$0.388 → $0.405	+4.4%
Feb 21, 2019	Raise	$0.373 → $0.388	+4.0%
Feb 22, 2018	Raise	$0.358 → $0.373	+4.2%
Feb 22, 2017	Raise	$0.343 → $0.358	+4.4%
Feb 17, 2016	Raise	$0.330 → $0.343	+3.9%
Feb 18, 2015	Raise	$0.318 → $0.330	+3.8%

Show all 27 changes since 1998

Ex-date	Change	Old → new	Move
Feb 19, 2014	Raise	$0.305 → $0.318	+4.3%
Feb 20, 2013	Raise	$0.290 → $0.305	+5.2%
Feb 22, 2012	Raise	$0.275 → $0.290	+5.5%
Feb 16, 2011	Raise	$0.250 → $0.275	+10.0%
Feb 23, 2010	Raise	$0.210 → $0.250	+19.0%
May 19, 2009	Raise	$0.180 → $0.210	+16.7%
Aug 26, 2008	Raise	$0.165 → $0.180	+9.1%
Feb 26, 2008	Raise	$0.150 → $0.165	+10.0%
May 22, 2007	Raise	$0.145 → $0.150	+3.4%
Aug 29, 2006	Raise	$0.140 → $0.145	+3.6%
Nov 28, 2005	Raise	$0.135 → $0.140	+3.7%
Feb 23, 2005	Raise	$0.130 → $0.135	+3.8%
May 25, 2004	Raise	$0.125 → $0.130	+4.0%
Aug 19, 2003	Raise	$0.120 → $0.125	+4.2%
Dec 1, 1998	Cut	$0.310 → $0.120	−61.3%

Every AVA payment →Download every raise and cut (CSV)

AVA ex-dividend date & scheduleNext ex-date Aug 18, 2026 · full ex-dividend historyView →AVA dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is AVA a good dividend stock?

Yes. Avista Corporation (AVA) pays a quarterly dividend yielding 5.28% ($1.97/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is AVA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AVA's fair value is about $40.73 versus a $37.23 share price — so it looks fairly valued (+9% vs. fair value).

Is AVA's dividend safe?

AVA has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 23-year growth streak, a dividend cut in 1998, debt and yield-versus-history.

What is AVA's fair value?

Our blended fair-value estimate for AVA is about $40.73 per share, roughly 9% above the current $37.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is AVA a buy, hold, or sell?

We don't issue formal ratings, but on the data AVA screens as "yes" and fairly valued. Avista Corporation (AVA) pays a quarterly dividend yielding 5.28% ($1.97/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will AVA cut its dividend?

AVA earns a dividend-safety grade of A (85/100), and has cut its dividend before (last in 1998). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does AVA pay a dividend?

Yes. Avista Corporation pays a quarterly dividend of about $1.97 per share annually, a forward yield of roughly 5.28%.

What is AVA's dividend yield?

As of Oct 27, 2026, AVA's forward dividend yield is 5.28%, based on a $1.97 annual dividend and a $37.23 share price.

What is AVA's dividend per share?

As of Oct 27, 2026, AVA pays $1.97 per share per year, distributed on a quarterly basis.

What is AVA's dividend payout ratio?

As of Oct 27, 2026, AVA's payout ratio is 71% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has AVA grown its dividend?

As of Oct 27, 2026, AVA has increased its dividend for 23 consecutive years.

When is the next AVA ex-dividend date?

As of Oct 27, 2026, AVA's next ex-dividend date hasn't been announced. The most recent was Aug 18, 2026, for $0.49 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full AVA dividend history →

Ex-Date	Pay Date	Amount	Type
Aug 18, 2026	Sep 14, 2026	$0.4930	regular
May 19, 2026	Jun 12, 2026	$0.4930	regular
Feb 25, 2026	Mar 13, 2026	$0.4930	regular
Nov 24, 2025	Dec 15, 2025	$0.4900	regular
Aug 19, 2025	Sep 15, 2025	$0.4900	regular
May 13, 2025	Jun 13, 2025	$0.4900	regular
Feb 26, 2025	Mar 14, 2025	$0.4900	regular
Nov 26, 2024	Dec 13, 2024	$0.4750	regular
Aug 22, 2024	Sep 13, 2024	$0.4750	regular
May 22, 2024	Jun 14, 2024	$0.4750	regular
Feb 22, 2024	Mar 15, 2024	$0.4750	regular
Nov 16, 2023	Dec 15, 2023	$0.4600	regular
Aug 17, 2023	Sep 15, 2023	$0.4600	regular
May 25, 2023	Jun 15, 2023	$0.4600	regular