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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  T.AQN.PR.A | T.AQN.PR.D | AGQPF | AQN

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.


TSX:AQN - Post by User

Comment by jimgeorgeon Nov 16, 2022 4:25pm
273 Views
Post# 35104719

RE:RE:RE:RE:general stock comment

RE:RE:RE:RE:general stock comment

I can chime with with my wife's and my investments...this isn't advice, just telling our story!

We retired early, we don't qualify or cpp or OAS and don't want to drain rrsp's until we have to, so we are living entirely off dividends.  We have about 30 stocks, mostly low risk bank, pipeline, telecom and utilities (apparently AQN wasn't one of the low risk ones!).  We have a number of oil stocks paying special dividends (lovely gifts!).  We get more than enough from our dividends to live on, average yield without the special dividends is about 5.4%.


The best thing is the preferred tax treatment of dividends over other forms of income!

It works for us.

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