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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 DeanEdmontonon Dec 18, 2022 11:34am
265 Views
Post# 35178386

RE:RE:Feeling Bad ?

RE:RE:Feeling Bad ?If AQN does not reduce their dividend then the song sheet you are singing from may be the right one. My bet is the dividend is going to get trimmed and the poor capital allocation is going to continue until a new CEO shows up. The regualtor blocked the Kentucky deal, AQN should take this opportunity to walk. Even the break fee is likely off the table since it was a regualtory ruling that caused the deal to not complete. Most break fees are not Hell or High water like the Rogers/Shaw deal.
Accountprince wrote: Actually with that kind of company in the ownership circle I feel really good.  Insiders are buying and not selling.  I know from your posts you are very sour on this stock.  How many shares do you still hold?  I assume a sizeable position or you wouldn't make so many daily posts.

I've done very well with it since the price retreated.  Adding more as it's been beaten so far below it's value.  This will recover very nicely to the low to mid teens shortly.  And the dividend at the end of the month looks tasty.

Lots of bash and buy types on here.  Trying to drag it down to the 7's and 8's.  Reality suggests that is a futile exercise but to each their own.  A little more volatility as tax loss harvesting carries on for another week or two.  Then starts the climb back up.  I am happy to be in this one and feel really good with such heavy hitters alongside.


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