Avista Corporation
AVA23 yrs growthUtilities · Stock · quarterly payer
Forward Yield
5.28%
Annual Dividend
$1.97
Payout Ratio
71%
5-Yr Growth
3.9%
Ex-Date
Aug 18, 2026
Frequency
Quarterly
Summary
As of September 2026, Avista Corporation (AVA) yields 5.28% ($1.97 per share annually), with a blended fair-value estimate of $49.52 — +31% upside, so it screens as undervalued. Dividend safety grade: A (85/100). 23 years of dividend growth.
Is AVA a good dividend stock?
YesAvista Corporation (AVA) pays a quarterly dividend yielding 5.28% ($1.97/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 23 consecutive years of dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1998
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.28%
- Payout Ratio
- 71%
- Annual Dividend
- $1.97
- 5-Yr Avg Growth
- 3.9%
- Ex-Dividend Date
- Aug 18, 2026
- Years of Growth
- 23
- Frequency
- quarterly
- Beta
- 0.24
- Market Cap
- $3.2B
- P/E Ratio
- 13.6
- 5-Yr Total Return
- -4%
- 52-Week Range
- $35.50 – $43.50
- Dividend Safety
- A · 85/100
- Ever Cut?
- Yes (1998)
Frequently Asked Questions
AVA Price — Last 12 Months
Daily close
Price Return
1 Year
-0%
3 Years
+16%
5 Years
-4%
52-Week Range
$35.50 – $43.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AVA worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Avista Corporation is $49.52 per share, versus a market price of $37.66. That implies 31% of upside — a margin of safety of about 24%.
Fair Value
$49.52
Current Price
$37.66
Upside
+31%
Margin of Safety
24%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 5.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 5.3% stage-1 growth, 2.5% terminal growth, $2.76 EPS, $1.97 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AVA Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 18, 2026 | — | $0.4930 | regular |
| May 19, 2026 | — | $0.4930 | regular |
| Feb 25, 2026 | — | $0.4930 | regular |
| Nov 24, 2025 | — | $0.4900 | regular |
| Aug 19, 2025 | — | $0.4900 | regular |
| May 13, 2025 | — | $0.4900 | regular |
| Feb 26, 2025 | — | $0.4900 | regular |
| Nov 26, 2024 | — | $0.4750 | regular |
| Aug 22, 2024 | — | $0.4750 | regular |
| May 22, 2024 | — | $0.4750 | regular |
| Feb 22, 2024 | — | $0.4750 | regular |
| Nov 16, 2023 | — | $0.4600 | regular |
| Aug 17, 2023 | — | $0.4600 | regular |
| May 25, 2023 | — | $0.4600 | regular |
Income Calculator
At $1.97 / yr per share
