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Algonquin Power & Utilities Corp T.AQN

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

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 masfortunaon Jan 14, 2021 8:44am
181 Views
Post# 32292591

RE:RE:RE:RE:Quick Question

RE:RE:RE:RE:Quick QuestionYes that would work insofar as the divy is concerned BUT your initial purchase was made in US funds which have lost value in the last 9 months (from .65 to .78) and your financial institution would have charged you 1.5% to exchange that currency from Canadian to American.  That's a big hit when you look at the divy rate at  below 4% .

***  It's a 20% haircut on yor initial investment ( if purchased with the CDN at .65) which is the equivalent of 5 years worth of divies.
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