IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.
IDACORP Dividend Announcement
• IDACORP announced a quarterly dividend of $0.86 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-05
• IDACORP annual dividend for 2024 was $3.35
• IDACORP annual dividend for 2023 was $3.20
• IDACORP's trailing twelve-month (TTM) dividend yield is 3.6%
• IDACORP's payout ratio for the trailing twelve months (TTM) is 60.91%
• IDACORP's dividend growth over the last five years (2018-2023) was 5.92% year
• IDACORP's dividend growth over the last ten years (2013-2023) was 7.38% year
IDACORP Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | $0.86 | quarterly | 2024-12-02 |
2024-08-05 | $0.83 | quarterly | 2024-08-30 |
2024-05-03 | $0.83 | quarterly | 2024-05-30 |
2024-02-02 | $0.83 | quarterly | 2024-02-28 |
2023-10-31 | $0.83 | quarterly | 2023-11-30 |
2023-08-01 | $0.79 | quarterly | 2023-08-31 |
2023-05-02 | $0.79 | quarterly | 2023-05-31 |
2023-02-03 | $0.79 | quarterly | 2023-02-28 |
2022-11-01 | $0.79 | quarterly | 2022-11-30 |
2022-08-02 | $0.75 | quarterly | 2022-08-31 |
2022-05-02 | $0.75 | quarterly | 2022-05-31 |
2022-02-02 | $0.75 | quarterly | 2022-02-28 |
2021-11-04 | $0.75 | quarterly | 2021-11-30 |
2021-08-04 | $0.71 | quarterly | 2021-08-31 |
2021-05-04 | $0.71 | quarterly | 2021-06-01 |
2021-02-04 | $0.71 | quarterly | 2021-03-01 |
2020-11-04 | $0.71 | quarterly | 2020-11-30 |
2020-08-04 | $0.67 | quarterly | 2020-08-31 |
2020-05-04 | $0.67 | quarterly | 2020-06-01 |
2020-02-04 | $0.67 | quarterly | 2020-02-28 |
2019-11-04 | $0.67 | quarterly | 2019-12-02 |
2019-08-02 | $0.63 | quarterly | 2019-08-30 |
2019-05-03 | $0.63 | quarterly | 2019-05-30 |
2019-02-04 | $0.63 | quarterly | 2019-02-28 |
2018-11-02 | $0.63 | quarterly | 2018-11-30 |
2018-08-03 | $0.59 | quarterly | 2018-08-30 |
2018-05-04 | $0.59 | quarterly | 2018-05-30 |
2018-02-02 | $0.59 | quarterly | 2018-02-28 |
2017-11-03 | $0.59 | quarterly | 2017-11-30 |
2017-08-04 | $0.55 | quarterly | 2017-08-30 |
2017-05-03 | $0.55 | quarterly | 2017-05-30 |
2017-02-02 | $0.55 | quarterly | 2017-02-28 |
2016-11-03 | $0.55 | quarterly | 2016-11-30 |
2016-08-03 | $0.51 | quarterly | 2016-08-30 |
2016-05-03 | $0.51 | quarterly | 2016-05-31 |
2016-02-03 | $0.51 | quarterly | 2016-02-29 |
2015-11-03 | $0.51 | quarterly | 2015-11-30 |
2015-08-03 | $0.47 | quarterly | 2015-08-31 |
2015-05-01 | $0.47 | quarterly | 2015-06-01 |
2015-02-03 | $0.47 | quarterly | 2015-03-02 |
2014-11-03 | $0.47 | quarterly | 2014-12-01 |
2014-08-01 | $0.43 | quarterly | 2014-09-02 |
2014-05-02 | $0.43 | quarterly | 2014-05-30 |
2014-02-03 | $0.43 | quarterly | 2014-02-28 |
2013-11-04 | $0.43 | quarterly | 2013-12-02 |
2013-08-02 | $0.38 | quarterly | 2013-08-30 |
2013-05-03 | $0.38 | quarterly | 2013-05-30 |
2013-02-04 | $0.38 | quarterly | 2013-02-28 |
IDACORP Dividend per year
IDACORP Dividend growth
IDACORP Dividend Yield
IDACORP current trailing twelve-month (TTM) dividend yield is 3.6%. Interested in purchasing IDACORP stock? Use our calculator to estimate your expected dividend yield:
IDACORP Financial Ratios
IDACORP Dividend FAQ
Other factors to consider when evaluating IDACORP 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.
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1. Determination of Dividend: IDACORP'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, IDACORP 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, IDACORP 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 IDACORP 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. Record Date: IDACORP 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, IDACORP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: IDACORP 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.
To assess the safety of IDACORP'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 IDACORP'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.