Iberdrola, S.A. (IBE1.DE)
- Zacks
Is California Water Service Group (CWT) Stock Outpacing Its Utilities Peers This Year?
Here is how California Water Service Group (CWT) and Iberdrola S.A. (IBDRY) have performed compared to their sector so far this year.
- Reuters
Iberdrola to buy rest of US power firm Avangrid in $2.6 billion deal
NEW YORK (Reuters) -Spanish utility Iberdrola has agreed to acquire the remaining 18.4% stake in Avangrid that it does not already own, the U.S. subsidiary said on Friday, in an all-cash deal worth about $2.6 billion. The agreement would come after Avangrid abandoned in January an $8.3 billion deal to acquire U.S. competitor PNM Resources because it failed to secure approval from New Mexico's utility regulator more than three years after first announcing the plan. Iberdrola will pay $35.75 per share for the outstanding Avangrid stock, with the transaction expected to close in the fourth quarter, Avangrid said in its statement.
- GuruFocus.com
Iberdrola SA's Dividend Analysis
Iberdrola SA (IBDRY) recently announced a dividend of $0.02 per share, payable on an unspecified future date, with the ex-dividend date set for 2024-05-09. Investors are keenly anticipating this upcoming payment, prompting a closer look at the company's dividend history, yield, and growth rates. Utilizing data from GuruFocus, this analysis delves into the performance and sustainability of Iberdrola SA's dividends.
