Avangrid Announces Quarterly Dividend of $0.44 Per Share

Avangrid, Inc. (NYSE: AGR), a major player in the US sustainable energy sector, has publicized a quarterly dividend declaration by its Board of Directors. Investors possessing the company's Common Stock are set to receive a dividend amounting to $0.44 per share. The earmarked date for the dividend payout is April 1, 2024. To qualify for the dividend, shareholders must be recorded by the close of business on March 1, 2024.

About Avangrid

Based in Orange, CT, Avangrid prides itself on its mission to lead the sustainable energy front in the United States. The company boasts a significant presence, with assets totaling approximately $42 billion and having influence across 24 states. Avangrid's operations can be categorized into two main segments: networks and renewables.

Through the networks division, Avangrid is responsible for eight electric and natural gas utilities, meeting the energy needs of over 3.3 million customers in the regions of New York and New England. Meanwhile, the renewables arm oversees a variety of renewable energy generation facilities dispersed throughout the US.

More than 7,500 individuals are under Avangrid's employment, and the company has achieved recognition for its corporate citizenship. It was placed on the JUST Capital JUST 100 list for the fourth consecutive year in 2024 and took the top spot in the utility sector for its environmental commitment. It aligns with the U.N.’s Sustainable Development Goals and has been celebrated among the World’s Most Ethical Companies by the Ethisphere Institute for five years running.

Avangrid is a member of the consortium controlled by Iberdrola, S.A. and continues to commit to evolving as a sustainable energy entity. For more particulars on their initiatives and services, Avangrid's official website offers comprehensive information.

Avangrid, Dividend, Energy