08-31-2023
| USD/share | |
| Price | 34.50 |
| Dividend | 1.76 |
| Earnings | 2.32 |
| Cash-flow | 2.67 |
| Book value | 49.29 |
| Equity | 49.36 |
Avangrid is part of Electricity business, which is part of Utilities industry. Avangrid is a company from USA, and his stocks are publicly traded.
Avangrid stock dividend
Avangrid paid a total dividend of 681 million USD last year, for a market value of 13,352 millions (Market Cap 2,445 millions). Avangrid dividend per share is 1.76 USD, and his stock market price 34.50 USD.
According to the chart below, where dividend yield is displayed, Avangrid has a dividend yield of 5.10%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Utilities industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Avangrid stocks dividend with other Electricity companies or other of the high USA dividend stocks list.
Avangrid Dividend Payout
About the ability of Avangrid to maintain his current dividend of USD 1.76 per share, an amount that accounts for 5.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Avangrid payout on ernings is currently 75.86%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Avangrid can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Avangrid is USD 2.67 per share, which is higher than the dividend per share paid by the company of USD 1.76, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Avangrid, compared againt world market average, USA companies, Utilities industry and Electricity sector companies.
Avangrid Dividend History
Below you will find a table with the historical evolution of Avangrid's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | USD | Paypout | Shares* |
| Present | 5.10% | 1.76 | 75.86% | 387 |
| 2022 | 4.09% | 1.76 | 94.62% | 387 |
| 2021 | 3.53% | 1.76 | 115.03% | 387 |
| 2020 | 3.87% | 1.76 | 75.86% | 309 |
| 2019 | 3.44% | 1.76 | 83.02% | 309 |
| 2018 | 3.51% | 1.76 | 0.00% | 309 |
| 2017 | 3.42% | 1.73 | 81.60% | 309 |
| 2016 | 4.78% | 1.73 | 166.35% | 309 |
*In millions
Avangrid Stock performance
Finally, last moth Avangrid showed a return of -7.00% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -30.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Electricity firms.
