August 10, 2007 in Business

Avista reports quarterly dividends

The Spokesman-Review
 

Avista Corp.’s board of directors has declared a quarterly dividend of 15 cents per share of the company’s common stock.

A quarterly dividend of $1.73 per share was declared on all outstanding shares of preferred stock Series K.

The common and preferred stock dividends are payable Sept. 14 to shareholders of record at the close of business Aug. 23, the company said in a news release.

Avista Corp.’s stock is traded under the ticker symbol “AVA.”

Olympia

Work force council gets $4 million

The Spokane-area Workforce Development Council has received about $4 million from the Washington Employment Security Department to help workers upgrade their skills and find new jobs through June 2008, the department said in a news release Thursday.

The region’s allocations declined by $515,000 compared with last year. The funding reduction is due to the county’s low unemployment rate, said Employment Security Commissioner Karen Lee in the release. However, she noted, many employers are still struggling to find qualified workers in industries such as health care and construction.

Last year’s allocation helped provide job-readiness and occupational training to 2,300 people and helped more than 8,000 people find jobs.

The work force council directs the design and delivery of employment and training services for workers and businesses in Spokane County. The services are delivered through WorkSource Spokane.

People who need help finding a job or training should visit the nearest WorkSource office. Locations are listed online at www.go2worksource.com and in the government pages of the phone book.


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