Company: IDACORP Inc. (IDA)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. To do this, Idacorp owns and operates a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants located across the Northwestern United States. The company’s hydroelectric and coal-fired plants are responsible for MajorityÊof its total energy production. Idacorp mainlyÊgenerates revenue from the sale of electricity to retail and wholesale customers. The MajorityÊof the company’s customers are residential consumers living in the Northwestern United States, while commercial and industrial consumers also represent importantÊrevenue streams. -Morningstar.com-
Symbol: IDA
Recent Price: $101.90
Dividends: $3.32
Yield: 3.26%
Sector: Utilities
Industry: Utilities-Regulated Electric
Address & Company Phone #: 1221 West Idaho St. Boise ID 83702, 208-388-2200
Transfer Agent: Equiniti Group plc. 800-565-7890
Moody’s Rating: Baa1
Minimum & Maximum Investment: $25 – $20,000/month
Investment Dates: 25th monthly
Shares to Qualify: 1 Share or $200
Fees: Div.:$0 Cash: 6¢/sh. Cert: $0 Sells: by Mail, Phone, Fax or Internet for $15+12¢/sh.
52 Week High & Low: $106.33, $86.43