IDACORP Declares Increased Quarterly Dividend

The Boise-based company raised its quarterly dividend to $0.90 per share for eligible shareholders.

Updated on Oct. 16, 2026 in Corporate Finance

Isometric editorial illustration of a high-voltage power transmission tower, representing utility company infrastructure and financial growth. — IDACORP announced an increase in its quarterly dividend to $0.90 per share, as the utility manages capital expenditures for regional infrastructure development. AI Illustration. Upload story photo >

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Boise-based IDACORP has announced a quarterly dividend increase to $0.90 per share. This adjustment brings the company's indicated annual dividend to $3.60 per share.

Why it matters

The dividend increase reflects IDACORP's ongoing financial strategy as the utility navigates elevated capital expenditures required to support regional infrastructure development and customer load growth.

The new quarterly dividend of $0.90 per share represents a 2.3% increase over the previous $0.88 payout. Shareholders of record on November 5 will receive this dividend, which marks the continuation of an annual increase streak dating back to 2011.

The players

IDACORP

IDACORP is the parent company of Idaho Power, a public utility headquartered in Boise that provides electricity to customers across Idaho and Oregon.

The details

The board officially approved this latest dividend increase on September 18 before finalizing the declaration on October 15. The payment, which is scheduled for late November, aligns with the company's long-standing trend of annual dividend growth.

Annual dividend increases began in 2011.
The board approved the dividend increase on September 18, 2026.
The company declared the dividend and set key dates on October 15, 2026.
Shareholders must be on record by November 5, 2026, to be eligible.
The dividend payment is scheduled for November 30, 2026.

Market Landscape

This dividend increase continues a streak of annual payout growth maintained by IDACORP since 2011. The move reinforces the company's commitment to shareholder returns even as it manages significant capital investment cycles compared to regional utility peers.

Investors currently holding IDACORP stock will see their quarterly income rise to $0.90 per share following the November payment. Shareholders should ensure their records are updated by November 5 to remain eligible for the increased distribution.

The takeaway

Shareholders benefit from a predictable growth trend in dividends as the company balances current payouts with necessary infrastructure spending. Investors should monitor future earnings reports to see if capital expenditure levels align with current company projections.