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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 probowler900on Mar 20, 2021 2:45pm
358 Views
Post# 32845354

RE:RE:RE:AQN got 2 huge project

RE:RE:RE:AQN got 2 huge project AQN is set up to be both income and growth.Not just income as they used to be when set up as a trust company,when I first started investing in this company.The growth side of this company is what helped it rebound from the $1.79 stock price days.The future stock price increase will be from further growth not just dividend.They do go hand in hand but at this point rather than stretch the finances for growth,they are doing the right thing keeping the dividend to conservative 10% increases while getting a footprint on further expansion.The times ahead warrant electrical generation as the transition to electrical vehichles and new homes come on board to the grid.The market of Utilities is goinf to be rapid once the above scenerios take place.At which time dividends could be expanded to reflect the future increase of share prices.I also foresee in combination to Ulilities in demand,the required amount of copper to support the infrastrucure required to sustain the wiring needed to use those vehicles.Thus I would think copper mines are another good resource to support financial portfolios going forward.Just my opinion and insight.Just trying to read the future and not stay stuck in the present.Green Energy is the push and Algonquin power has been on this path for years already.
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