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Bullboard - Stock Discussion Forum Algonquin Power & Utilities Corp T.AQN

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

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... see more

TSX:AQN - Post Discussion

Algonquin Power & Utilities Corp > Stab at the dividend cut
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Post by BSdetector2016 on Nov 18, 2022 2:23pm

Stab at the dividend cut

How about 44.7% ? That would make it an even $0.10 USD quarterly and would free-up $55.2M per quarter for servicing the blunders. Anyone else care to make a guess?
Comment by svsingh83 on Nov 18, 2022 4:02pm
In my view, it should be between 25 to 30%. It is a matter of few months that they need the extra cash. It is quite possible that they sell some assets and avoid the divi cut altogether though first scenario is most likely to play out.
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