The new quarterly rate follows a previous adjustment made in September of last year, when the company set its dividend at 88 cents per share. At the current annual rate of $3.60, the stock offers a yield of 2.7% based on its most recent closing price of $131.58.

As the parent company of Idaho Power and Ida-West Energy, Idacorp continues to prioritize its dividend policy as a key component of its financial strategy. This latest move aligns with the firm's long-standing practice of incremental increases, reinforcing its position for institutional and retail investors focused on steady utility-sector returns.