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Idacorp (Idacorp) 3-Year Dividend Growth Rate

: 5.60% (As of Dec. 2023)
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Idacorp's Dividends per Share for the three months ended in Dec. 2023 was $0.83.

The historical rank and industry rank for Idacorp's 3-Year Dividend Growth Rate or its related term are showing as below:

IDA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -13.6   Med: 4.5   Max: 13.6
Current: 5.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Idacorp was 13.60% per year. The lowest was -13.60% per year. And the median was 4.50% per year.

IDA's 3-Year Dividend Growth Rate is ranked better than
54.11% of 292 companies
in the Utilities - Regulated industry
Industry Median: 5 vs IDA: 5.60

During the past 12 months, Idacorp's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Idacorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 2.70. As of today, Idacorp's Dividend Yield % is 3.57%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Idacorp Inc is 0.75, which seems too high.

Good Sign:

Idacorp Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Electric subindustry, Idacorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Idacorp 3-Year Dividend Growth Rate Distribution

For the Utilities - Regulated industry and Utilities sector, Idacorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Idacorp's 3-Year Dividend Growth Rate falls into.



Idacorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Idacorp  (NYSE:IDA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Idacorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.83/ 0.308
=2.69

During the past 13 years, the highest Dividend Payout Ratio of Idacorp was 0.76. The lowest was 0.51. And the median was 0.64.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Idacorp Inc is 0.75, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Idacorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8302024-02-022024-02-052024-02-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.8302023-10-312023-11-012023-11-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.7902023-08-012023-08-022023-08-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.7902023-05-022023-05-032023-05-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Idacorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.24/91.475
=3.54 %

Current Share Price is $91.475.
Idacorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.24.

During the past 13 years, the highest Dividend Yield of Idacorp was 3.68%. The lowest was 2.20%. And the median was 2.75%.

Good Sign:

Idacorp Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Idacorp 3-Year Dividend Growth Rate Related Terms>


Idacorp (Idacorp) Business Description

Traded in Other Exchanges
Address
1221 West Idaho Street, Boise, ID, USA, 83702-5627
Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. To do this, Idacorp owns and operates a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants located across the Northwestern United States. The company's hydroelectric and coal-fired plants are responsible for Majority of its total energy production. Idacorp mainly generates revenue from the sale of electricity to retail and wholesale customers. The Majority of the company's customers are residential consumers living in the Northwestern United States, while commercial and industrial consumers also represent important revenue streams.
Executives
Jeffrey L Malmen officer: Vice President-Public Affairs 1221 WEST IDAHO STREET, BOISE ID 83702
Mitchel D Colburn officer: VP of Plan, Eng, & Const (IPC) 1221 W IDAHO ST, BOISE ID 83702
Nate Jorgensen director PO BOX 50, BOISE ID 83728-0050
Susan Morris director ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Julia A Hilton officer: VP and General Counsel 1221 W IDAHO ST, BOISE ID 83702
Dennis L Johnson director 1221 W IDAHO ST, BOISE ID 83702
Jeff C Kinneeveauk director 7300 EAST EARLL DRIVE, #3022, SCOTTSDALE AZ 85251
Mark T Peters director 884 NEIL AVENUE, COLUMBUS OH 43215
Odette C Bolano director 1726 N MOCKBEE PL, BOISE ID 83702
Christine King director AMIS HOLDINGS, INC., 2300 BUCKSKIN RD, POCATELLO ID 83201
Tom J Harvey officer: VP of Power Supply (IPC) 1221 W IDAHO ST, BOISE ID 83702
Darrel T Anderson officer: VP, CFO & Treasurer 1221 W IDAHO ST, BOISE ID 83702
Richard J Dahl director DOLE FOOD CO, 1 DOLE DRIVE, WESTLAKE CA 91362
Sarah E Griffin officer: VP of Human Resources 1221 W IDAHO ST, BOISE ID 83702
Hanchey James Bo D officer: VP of Cust Op & CSO 1221 W IDAHO ST, BOISE ID 83702

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