Idacorp Inc Ranks Among Top Dividend Utility Stocks
Idacorp Inc (Symbol: IDA) has achieved a spot as a Top 10 dividend-paying utility stock, according to the latest weekly ”DividendRank” report from Dividend Channel. This recognition stems from IDA shares demonstrating appealing valuation and robust profitability metrics. The report highlighted the company’s solid quarterly dividend history and positive long-term growth rates in crucial financial areas.
The report explained, ”Dividend investors looking for value typically focus on the strongest and most profitable companies that are also trading at appealing valuations. Our proprietary DividendRank formula aims to identify these stocks by ranking the coverage universe based on both profitability and valuation, thereby providing investors with ideas worth exploring.”
Idacorp Inc pays an annualized dividend of $3.44 per share, distributed in quarterly payments. The latest dividend ex-date was November 5, 2024. The long-term dividend history chart for IDA is detailed below and is vital for evaluating the sustainability of dividends. Observing a company’s past dividend patterns can significantly inform investors about the likelihood of future dividends continuing.
Explore the Top 10 DividendRank’ed Utility Stocks »
Additional Resources:
- Department Stores Dividend Stocks
- IMMY Insider Buying
- AWRE Historical Stock Prices
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
