Algonquin Power & Utilities Corp T.AQN

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

Utilities Utilities - Diversified

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.

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Algonquin Power & Utilities Corp

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Post by Baxter4on Mar 22, 2010 8:55pm

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Post# 16911591

First Quarter Dividend announcement

Algonquin Power & Utilities Corp. declares first quarter 2010 dividend

Monday, March 22, 2010

OAKVILLE, ON, March 22 /CNW/ - Algonquin Power & Utilities Corp. ("Algonquin") (TSX:AQN) of Oakville, Ontario announced today that its Directors have declared a dividend on its shares. The dividend is
.06 per share payable on April 15, 2010 to the shareholders of record on March 31, 2010 for the period from January 01, 2010 to March 31, 2010. For Canadian resident shareholders, dividends declared are considered as "eligible dividends" for purposes of the dividend tax credit rules contained in the Income Tax Act (Canada).