Avista Corporation ( AVA ) will begin trading ex-dividend on May 21, 2013. A cash dividend payment of $0.305 per share is scheduled to be paid on June 14, 2013. Shareholders who purchased AVA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.17% increase over the same period a year ago. At the current stock price of $29.1, the dividend yield is 4.19%.
The previous trading day's last sale of AVA was $29.1, representing a -0.55% decrease from the 52 week high of $29.26 and a 27.74% increase over the 52 week low of $22.78.
AVA is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). AVA's current earnings per share, an indicator of a company's profitability, is $1.38. Zacks Investment Research reports AVA's forecasted earnings growth in 2013 as 34.52%, compared to an industry average of 5.8%.
For more information on the declaration, record and payment dates, visit the AVA Dividend History page.
Interested in gaining exposure to AVA through an Exchange Traded Fund [ETF]?
The following ETF(s) have AVA as a top-10 holding:
- PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCU )
- PowerShares High Yield Equity Dividend Achievers Portfolio ( PEY )
- SPDR Russell 2000 Low Volatility ( SMLV )
- WisdomTree Trust SmallCap Dividend Fund ( DES )
- iShares Small Cap 600/BARRA Value Index Fund ( IJS ).
The top-performing ETF of this group is PEY with an increase of 15.82% over the last 100 days. PSCU has the highest percent weighting of AVA at 4.5%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.