IDACORP Inc. Plans Quarterly Dividend of $0.43 (IDA)
IDACORP (NYSE:IDA) announced a quarterly dividend on Monday, April 21st, AnalystRatings.Net reports. Stockholders of record on Tuesday, May 6th will be paid a dividend of 0.43 per share on Friday, May 30th. This represents a $1.72 annualized dividend and a dividend yield of 3.20%. The ex-dividend date is Friday, May 2nd.
IDACORP (NYSE:IDA) traded down 1.23% on Monday, hitting $53.81. 171,410 shares of the company’s stock traded hands. IDACORP has a 52 week low of $45.62 and a 52 week high of $56.65. The stock’s 50-day moving average is $55.10 and its 200-day moving average is $53.35. The company has a market cap of $2.707 billion and a price-to-earnings ratio of 15.62.
IDACORP (NYSE:IDA) last released its earnings data on Thursday, May 1st. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.09. During the same quarter in the previous year, the company posted $0.67 earnings per share. On average, analysts predict that IDACORP will post $3.49 earnings per share for the current fiscal year.
In other IDACORP news, Insider Patrick A. Harrington sold 2,000 shares of IDACORP stock on the open market in a transaction dated Friday, May 9th. The shares were sold at an average price of $55.05, for a total value of $110,100.00. The sale was disclosed in a document filed with the SEC, which is available at this link.
IDACORP, Inc (NYSE:IDA) is a holding company.
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