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

Bullboard Posts

Comment by momyoon Jan 28, 2017 12:26pm

181 Views

Post# 25767751

RE:RE:RE:Everyone got the same dividend: USD $0.1059

Dibah42 wrote: lol! You're right. I got a bit worked up there!

momyo wrote: I just did the math and I got $0.138 per share. Suddenly I'm less pleased. The company says investors have the choice between receiving a div of $0.1165 US or $0.1533 Cdn. Obviously we all got less than $0.1533 Cdn. So, it looks like Canadian brokers "choose" on behalf of their clients to receive Aqn dividends in US$ so they can then charge foreign exchange fees to convert them into Cdn$. We're getting screwed. I sent a message go RBC Direct Investing telling them I want to receive my dividends in Cdn$. I wonder what excuse they're going to come up with to tell why they can't do it. Fuc kers.

momyo: The $0.1165USD or $0.1533 CAD is the NEW dividend rate ( i.e. after the recent 10% increase) which you'll get at the next payout in the spring. You were not scammed by RBC Direct when you got $0.138 on Jan 13th.