Avista Corp(NYSE:AVA) Declares Dividend of $0.3425.

Avista Corp (NYSE:AVA) had declared a cash dividend of $0.3425 on Aug 18, 2016. The shares will quote ex-dividend on Aug 30, 2016 and the record date has been fixed for Sep 1, 2016. On Aug 18, 2016 share price, the yield comes out to be 3.3156%. The dividend payable date has been fixed on Sep 15, 2016.

Avista Corp (AVA) made into the market gainers list on Mondays trading session with the shares advancing 0.86% or 0.35 points. Due to strong positive momentum, the stock ended at $41.26, which is also near the day’s high of $41.37. The stock began the session at $41.01 and the volume stood at 2,20,824 shares. The 52-week high of the shares is $45.22 and the 52 week low is $29.77. The company has a current market capitalization of $2,629 M and it has 6,37,06,037 shares in outstanding.

Avista Corp(AVA) last announced its earnings results on Aug 3, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $318.84M. Analysts had an estimated revenue of $316.24M. Earnings per share were $0.43. Analysts had estimated an EPS of $0.45.

Several Insider Transactions has been reported to the SEC. On Aug 12, 2016, Marian M Durkin (Senior Vice President) sold 3,500 shares at $42.56 per share price.Also, On Jun 15, 2016, Erik J Anderson (director) sold 2,400 shares at $42.36 per share price.On Jun 7, 2016, James M Kensok (Vice President) sold 300 shares at $41.64 per share price, according to the Form-4 filing with the securities and exchange commission.

Avista Corporation is primarily an electric and natural gas utility with certain other business ventures. The Company operates through two business segments: Avista Utilities and Alaska Electric Light and Power Company (AEL&P). Avista Utilities provides electric distribution and transmission as well as natural gas distribution services in parts of eastern Washington and northern Idaho. It also provides natural gas distribution service in parts of northeastern and southwestern Oregon. AEL&P owns and operates electric generation transmission and distribution facilities located in Juneau. The Company operates other businesses including sheet metal fabrication venture fund investments and real estate investments.

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