IDACORP, Inc. Declares Dividend Payable February 28, 2017
January 20, 2017 at 03:56 am IST
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IDACORP, Inc. declared a common stock dividend of $0.55 per share, payable February 28, 2017 to holders of record at the close of business on February 6, 2017.
IDACORP, Inc. is a holding company. The Company operates through its subsidiary, Idaho Power Company (Idaho Power). Idaho Power is an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity and is regulated by the state regulatory commissions of Idaho and Oregon and by the Federal Energy Regulatory Commission (FERC). Idaho Power provides electric utility service to over 633,000 retail customers in southern Idaho and eastern Oregon. Its customers are in food processing, electronics and general manufacturing, agriculture and other sectors. Idaho Power also provides irrigation customers with electric utility service to operate irrigation pumps during the agricultural growing season. Its other subsidiaries include IDACORP Financial Services, Inc. (IFS), an investor in affordable housing and other real estate tax credit investments, and Ida-West Energy Company (Ida-West), an operator of small hydropower generation projects.