Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates through Networks and Renewables segments. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. It delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. In addition, the company generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. It owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 8.8 gigawatts of electricity capacity primarily through wind power in 22 states. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.
Avangrid Dividend Announcement
• Avangrid announced a quarterly dividend of $0.44 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-02
• Avangrid annual dividend for 2024 was $1.76
• Avangrid annual dividend for 2023 was $1.76
• Avangrid's trailing twelve-month (TTM) dividend yield is 6.16%
• Avangrid's payout ratio for the trailing twelve months (TTM) is 69.77%
• Avangrid's dividend growth over the last five years (2018-2023) was 0.18% year
Avangrid Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | $0.44 | quarterly | 2025-01-02 |
| 2024-08-30 | $0.44 | quarterly | 2024-10-01 |
| 2024-06-03 | $0.44 | quarterly | 2024-07-01 |
| 2024-02-29 | $0.44 | quarterly | 2024-04-01 |
| 2023-11-30 | $0.44 | quarterly | 2024-01-02 |
| 2023-08-31 | $0.44 | quarterly | 2023-10-02 |
| 2023-05-31 | $0.44 | quarterly | 2023-07-03 |
| 2023-02-28 | $0.44 | quarterly | 2023-04-03 |
| 2022-11-30 | $0.44 | quarterly | 2023-01-03 |
| 2022-09-01 | $0.44 | quarterly | 2022-10-03 |
| 2022-06-02 | $0.44 | quarterly | 2022-07-01 |
| 2022-02-28 | $0.44 | quarterly | 2022-04-01 |
| 2021-12-10 | $0.44 | quarterly | 2022-01-03 |
| 2021-09-02 | $0.44 | quarterly | 2021-10-01 |
| 2021-06-03 | $0.44 | quarterly | 2021-07-01 |
| 2021-03-04 | $0.44 | quarterly | 2021-04-01 |
| 2020-12-10 | $0.44 | quarterly | 2021-01-04 |
| 2020-08-31 | $0.44 | quarterly | 2020-10-01 |
| 2020-06-01 | $0.44 | quarterly | 2020-07-01 |
| 2020-03-05 | $0.44 | quarterly | 2020-04-01 |
| 2019-12-11 | $0.44 | quarterly | 2020-01-02 |
| 2019-09-05 | $0.44 | quarterly | 2019-10-01 |
| 2019-06-06 | $0.44 | quarterly | 2019-07-01 |
| 2019-03-07 | $0.44 | quarterly | 2019-04-01 |
| 2018-12-10 | $0.44 | quarterly | 2019-01-02 |
| 2018-09-06 | $0.44 | quarterly | 2018-10-01 |
| 2018-06-07 | $0.43 | quarterly | 2018-07-02 |
| 2018-03-08 | $0.43 | quarterly | 2018-04-02 |
| 2017-12-08 | $0.43 | quarterly | 2018-01-02 |
| 2017-09-07 | $0.43 | quarterly | 2017-10-02 |
| 2017-06-07 | $0.43 | quarterly | 2017-07-03 |
| 2017-03-08 | $0.43 | quarterly | 2017-04-03 |
| 2016-12-08 | $0.43 | quarterly | 2017-01-03 |
| 2016-09-07 | $0.43 | quarterly | 2016-10-03 |
| 2016-06-08 | $0.43 | quarterly | 2016-07-01 |
| 2016-03-08 | $0.43 | quarterly | 2016-04-01 |
Avangrid Dividend per year
Avangrid Dividend growth
Avangrid Dividend Yield
Avangrid current trailing twelve-month (TTM) dividend yield is 6.16%. Interested in purchasing Avangrid stock? Use our calculator to estimate your expected dividend yield:
Avangrid Financial Ratios
P/E ratio14.16
PEG ratio1.15
P/B ratio0.70
ROE4.95%
Payout ratio69.77%
Current ratio0.52
Quick ratio0.44
Cash Ratio0.02
Avangrid Dividend FAQ
How much is the next Avangrid dividend?
Avangrid's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Avangrid dividend. The next Avangrid dividend will be released in February, May, August, or November.
When is Avangrid dividend paid?
Avangrid pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Avangrid pay?
The specific amount of Avangrid dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Avangrid's dividend history.
Does Avangrid stock pay dividends?
Yes, Avangrid does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Avangrid's dividend history.
How much dividend does Avangrid pay?
Avangrid paid $1.76 in 2024, $1.76 in 2023, $1.76 in 2022, $1.76 in 2021, and $1.76 in 2020.
How often does Avangrid pay dividends?
Avangrid typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Avangrid's dividend yield?
The current dividend yield for Avangrid is 6.16%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Avangrid's exact dividend yield.
When does Avangrid go ex dividend?
Avangrid's ex-dividend date for the latest dividend was on 2024-12-02. Avangrid typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Avangrid dividend paid?
Avangrid pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Avangrid increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Avangrid will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Avangrid dividend per share?
Avangrid paid $1.76 per share in 2024 and $1.76 per share in 2023. The amount of dividend per share that Avangrid pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Avangrid a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Avangrid a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Avangrid a dividend stock?
Yes, Avangrid is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Avangrid a good dividend stock?
Whether Avangrid is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Avangrid has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Avangrid as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Avangrid as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Avangrid pay dividends monthly?
Avangrid typically pays dividends on a quarterly basis.
Does Avangrid pay dividends quarterly?
Avangrid currently pays dividends on a quarterly basis.
Has Avangrid ever paid a dividend?
Yes, Avangrid has a history of paying dividends to its shareholders. Avangrid is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Avangrid dividend stocks?
To buy Avangrid you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Avangrid stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Avangrid stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Avangrid pay dividends 2024?
Avangrid pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Avangrid increase its dividend in 2024?
Decisions regarding Avangrid dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Avangrid dividend overview you can look into the above table of dividend history.
How Avangrid dividend works?
The Avangrid dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Avangrid's dividend process works:
1. Determination of Dividend: Avangrid's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Avangrid publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Avangrid distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Avangrid are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Avangrid's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Avangrid publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Avangrid distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Avangrid are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Avangrid dividends paid?
Avangrid dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Avangrid sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Avangrid distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Avangrid declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Avangrid sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Avangrid distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Avangrid declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Avangrid pay dividends?
Avangrid typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Avangrid pay dividends?
The general pattern is that Avangrid pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Avangrid dividend safe?
The safety of Avangrid's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Avangrid's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Avangrid's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Avangrid's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Avangrid's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.