SPOKANE, Wash., Nov. 13 /PRNewswire-FirstCall/ -- Avista Corp.'s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.21 per share on the company's common stock. The common stock dividend is payable Dec. 15, 2009, to shareholders of record at the close of business on Dec. 3, 2009.

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Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is our operating division that provides electric service to 355,000 homes and businesses and natural gas to 312,000 homes and businesses in three Western states, serving more than 492,000 customers. Avista's primary, non-regulated subsidiary is Advantage IQ. Our stock is traded under the ticker symbol "AVA." For more information about Avista, please visit www.avistacorp.com.

Avista Corp. and the Avista Corp. logo are trademarks of Avista Corporation.

SOURCE Avista Corp.

Media, Jessie Wuerst, +1-509-495-8578, jessie.wuerst@avistacorp.com, or Investors, Jason Lang, +1-509-495-2930, jason.lang@avistacorp.com, or Avista 24/7 Media Access, +1-509-495-4174, all of Avista Corp.