Avista board okays dividend

On August 8, 2014, Avista Corp.’s (NYSE: AVA) board of directors declared a quarterly dividend of $0.3175 per share on the company’s common stock. The common stock dividend is payable September 15, 2014, to shareholders of record at the close of business on August 21, 2014.

The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including financial results, business strategies, and economic and competitive conditions.