5 Best Dividend Stocks With Over 10 Years of Dividend Increases

4. Avista Corporation (NYSE:AVA)

Avista Corporation (NYSE:AVA) is an energy company that has grown its dividend for the last 20 years. Avista’s dividend yield is also healthy, coming in at 4.7% as of November 5. Recently, the company announced its dividend of $0.44 per share, in line with the previous dividend. The dividend is payable on December 15 for shareholders of record as of November 18. The dividend announcement came despite weak Q3 results. The company posted a surprise GAAP loss for the third quarter and also slashed its earnings estimates for 2022 and 2023. The company clearly said that the “pressures of inflation and rising interest rates” were the main causes of this weak performance.