S&P Global extends its 52-year dividend growth streak with a 5.5% increase, highlighting financial health and stability. My strategy focuses on stocks with consistent dividend growth and outperforming benchmarks, aiming for long-term wealth accumulation. I use data from U.S. Dividend Champions and NASDAQ to identify companies with at least five years of dividend growth.
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Avista (AVA) and American Electric Power (AEP). But which of these two stocks is more attractive to value investors?
Dividend growth stocks, though not often the most exciting, can offer stable, predictable and inflation-fighting income over time. The screening parameters we look at include dividend safety, growth, and consistency, which can help more passive investors look for potential opportunities. This is then sorted by the highest dividend yield, and we look to provide quick updates or coverage on the top five, but skipping those that we have covered more.
Avista's substantial capex plans and favorable rate cases are expected to drive significant earnings growth and higher returns on equity. Trading at a discount to peers, AVA offers value with a low price-to-earnings ratio and a book value significantly below asset replacement costs. Despite wildfire risks and regulatory challenges, AVA is well-positioned to benefit from increasing electricity demand driven by AI data centers.
Avista Corporation (NYSE:AVA ) Q3 2024 Earnings Conference Call November 6, 2024 10:30 AM ET Company Participants Stacey Wenz - IR Manager Dennis Vermillion - CEO Heather Rosentrater - President and COO Kevin Christie - SVP and CFO, Treasurer and Regulatory Affairs Officer Conference Call Participants Brian Russo - Jefferies Anthony Crowdell - Mizuho Sophie Karp - KBCM Operator Good day and thank you for standing by. Welcome to the Avista Corporation Q3 2024 Earnings Conference Call.
Avista (AVA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago.
Avista (AVA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors with an interest in Utility - Electric Power stocks have likely encountered both Avista (AVA) and Consolidated Edison (ED). But which of these two stocks offers value investors a better bang for their buck right now?
As a regulated utility, Avista has a narrow economic moat, a 5% dividend yield and 3-4% dividend growth. The stock is approximately 12-13% undervalued, based on both a relative and an absolute valuation. A bullish 40/35 Put spread strategy could yield close to 200% annualized return if the stock price exceeds $40, and could bring profits even with the stock price slightly down.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Avista Corporation is a regulated electric utility serving the Pacific Northwest with a low carbon footprint and strong growth potential. The stock price has risen by 19.16% since the last article we published, underperforming the S&P 500 Index. The company plans to invest $1.6 billion in rate base expansion to grow earnings per share and deliver a 9% to 11% total return annually.
Avista Corporation (NYSE:AVA ) Q2 2024 Earnings Conference Call August 7, 2024 10:30 AM ET Company Participants Stacey Wenz - Investor Relations Manager Dennis Vermillion - CEO & Director Heather Rosentrater - President & COO Kevin Christie - CFO, Treasurer & SVP, Regulatory Affairs Conference Call Participants Brian Russo - Jefferies Willard Grainger - Mizuho Operator Good day and thank you for standing by. Welcome to the Avista Corporation Q2 2024 Earnings Conference Call.