Idacorp (IDA) raises 2024 dividend by 3.6%

13th consecutive year of increases for utility company

IDACORP, Inc. (IDA) announced that it will raise its quarterly dividend by 3.6 percent to 86 cents per share. This will mark the company's 13th consecutive year of dividend increases by electric utility company IDA.

Directors of IDACORP, Inc. declared a common stock dividend of $0.86 per share, payable December 2, 2024 to holders of record at the close of business on November 5, 2024.The dividend yield for IDACORP is 3.3% at a stock price of $104.77. 

IDACORP, Inc. is a holding company comprised of Idaho Power, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978. The company has paid a dividend to shareholders every year since at least 1987.

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