Energy company Avista(AVA) declares increased quarterly dividend of 21 cents per share

The energy company Avista Corp. said Thursday its board has declared a quarterly dividend of 21 cents per share on its common stock, an increase of 3 cents per share, or about 17 percent. The dividend will be paid June 15 to shareholders of record on May 21.

Current Yield 5.31% Been raising dividends since 2004 here is dividend history.

Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses.

Avista affiliate companies include:

Avista Utilities: Efficient, reliable electricity and natural gas Advantage IQ: E-Business facility intelligence Our strategy is on track. Our solid, stable and reliable energy business provides a strong foundation, and we are building an equally solid energy-related affiliate. We are seeing the results of our efforts. At the core of our strategies is a focus on reliably building value for our customers, investors, communities and employees. We are Avista. We improve life’s quality… with energy.

Disclosure I am long AVA Shares