Avista Corporation (AVA) will begin trading ex-dividend on August 19, 2020. A cash dividend payment of $0.405 per share is scheduled to be paid on September 15, 2020. Shareholders who purchased AVA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AVA has paid the same dividend. At the current stock price of $36.71, the dividend yield is 4.41%.
The previous trading day's last sale of AVA was $36.71, representing a -30.74% decrease from the 52 week high of $53 and a 14.4% increase over the 52 week low of $32.09.
AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation (DUK) and Xcel Energy Inc. (XEL). AVA's current earnings per share, an indicator of a company's profitability, is $1.82. Zacks Investment Research reports AVA's forecasted earnings growth in 2020 as 9.48%, compared to an industry average of -2.4%.
Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]?
The following ETF(s) have AVA as a top-10 holding:
- Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU)
- Invesco High Yield Equity Dividend Achievers ETF (PEY)
- Vanguard S&P Small-Cap 600 Value ETF (VIOV)
- iShares S&P SmallCap 600 Value ETF (IJS)
- SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value (SLYV).
The top-performing ETF of this group is IJS with an increase of 39.17% over the last 100 days. PSCU has the highest percent weighting of AVA at 8.38%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.