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Incorporated in 1889 and based in Spokane, Washington, Avista Corporation (AVA), together with its subsidiaries, operates as an electric and natural gas utility company in the United States

It operates through two segments, Avista Utilities and Alaska Electric Light and Power Company (AEL&P). 

The company was formerly known as Washington Water Power and changed its name to Avista Corporation in January 1999.

Three key data points gauge Avista or any dividend-paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also indicate if any company has made, is making, and will make money.

AVA Price

Avista share price fell  3.2%  from $38.54 to $37.31 over the past year per Friday’s market price.

Five analysts cover the stock.

The median of their price targets showed a $3.69 estimated price gain to $41.00 come September 2026.

AVA Dividends

Avista has paid dividends quarterly since March 15, 1999.

The current forward-looking annual $1.96 dividend yields 5.21% per Friday’s $37.62 share price.

The next $0.49 quarterly dividend will be paid out on November 15th to Shareholders of record on August 19th.

AVA Returns

Putting it all together, a $5.34 estimated gross gain per share shows up when adding Avista’s annual $1.96 dividend to the estimated $3.38 annual price gain projected by 5 analysts.

A little over $1000 invested at the recent $37.62 share price would buy 27 shares, which multiply the $5.34 gross gain to an estimated $143.01 for the coming year.

A little over 36.4% of that $143 gain comes from the $52.10 of annual dividends generated from your $1,000 investment.

Besides, the $52.10 annual dividend income from your $1k investment is about 38.5%  greater than the recent $37.62 single-share price.

(A dividend dogcatcher rule is to only buy initial shares of a stock that pay an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on Avista Corp to get that current $52.10 annual dividend income that has been paid out over the past 26 years.

The exact track of AVA’s future share price and dividends will entirely be determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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