IDACORP, Inc. Declares Dividend

Core Points - IDACORP, Inc. declared a common stock dividend of $0.88 per share, payable on December 1, 2025, to shareholders of record as of November 5, 2025 [1] - The board of directors approved an increase in the quarterly cash dividend, resulting in an annual indicated dividend of $3.52 per share [3] - Since 2011, IDACORP has increased its dividend every year, leading to a cumulative increase of 193% and a compound annual growth rate of 7.4% [4] Financial Performance - For the second quarter of 2025, IDACORP reported a net income of $95.8 million, or $1.76 per diluted share, compared to $89.5 million, or $1.71 per diluted share, in the same quarter of 2024 [5] - The strong performance was attributed to higher customer usage, continued customer growth, rate changes, and the expected use of tax credits under Idaho's regulatory mechanism [5] Upcoming Events - IDACORP is scheduled to report its third quarter results on October 30, 2025, with a conference call at 2:30 p.m. Mountain Time to discuss the earnings [2]