IDACORP raised its dividend as IDACORP stock sits 13.59 percent below its high

Published on 10/08/2026 at 20:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The quarterly payout reached USD 0.90 on September 18, 2026. IDACORP stock costs EUR 119.50 versus EUR 118.00, plus 1.27 percent.

Key points in brief

IDACORP raised its quarterly dividend to USD 0.90 per share on September 18, 2026.
IDACORP stock traded at EUR 119.50 after hours at Lang & Schwarz on October 8, 2026, up 1.27 percent versus the prior close.
The NYSE-listed utility reported USD 469.8 million in second-quarter 2026 revenue and maintained fiscal 2026 earnings guidance of USD 6.30 to USD 6.45 per share.
IDACORP is scheduled to report third-quarter 2026 results on October 29, 2026.

IDA, US4511071064, Illustration mit AI erstellt.

IDACORP (US4511071064) was trading at EUR 119.50 after hours at Lang & Schwarz on October 8, 2026 at 8:40 p.m. CEST, plus 1.27 percent versus the EUR 118.00 prior close of October 7, 2026. On September 18, 2026, IDACORP raised its quarterly cash dividend to USD 0.90 per share, while IDACORP stock stood 13.59 percent below its NYSE 52-week high of USD 154.91.

Dividend growth meets capital needs

The new payout implies USD 3.60 per share annually, up from the previous USD 3.52 annual rate cited in the company announcement. IDACORP said its target payout ratio is 50.00 percent to 60.00 percent of earnings, while capital expenditures are expected to remain elevated as the utility expands infrastructure for customer and load growth.

The dividend increase also came with a clear operating constraint. IDACORP serves more than 670,000 customers across Idaho and Oregon, and the company said future dividend decisions will depend on projected capital requirements, liquidity and overall financial condition.

What does the earnings base show?

MarketBeat reported on October 2, 2026 that six of eight analysts rated the stock Buy and two rated it Hold, with an average 12-month target of USD 152.71. That target was 14.09 percent above the NYSE price of USD 133.85 at 2:45 p.m. ET on October 8, 2026.

For the second quarter of 2026, IDACORP reported USD 469.8 million in revenue and USD 1.83 in diluted earnings per share in the finance statement data for the period ended June 30, 2026. MarketBeat reported that quarterly earnings per share of USD 1.79 exceeded the USD 1.78 consensus estimate, while revenue fell short of the USD 511.87 million estimate. The company maintained fiscal 2026 earnings guidance of USD 6.30 to USD 6.45 per share.

Next report is October 29

MarketBeat lists October 29, 2026 as IDACORP's third-quarter reporting date, with the release scheduled before the market opens and the conference call at 4:30 p.m. ET. The next report will test whether the second-quarter earnings base can support the company's higher dividend rate and its stated infrastructure spending needs.

After-hours price holds above prior close

At Lang & Schwarz, IDACORP was trading at EUR 119.50 on October 8, 2026 at 8:40 p.m. CEST, up 1.27 percent from the EUR 118.00 prior close on October 7, 2026. The NYSE quote was USD 133.85 at 2:45 p.m. ET on October 8, 2026, against a 52-week range of USD 124.12 to USD 154.91.

The further course of trading is shown by the continuously updated real-time quote of IDACORP stock.