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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 wasitreallyokon May 28, 2021 12:40pm
344 Views
Post# 33286670

RE:RE:Credit Suisse

RE:RE:Credit SuisseUS dollar is gaining on Canadian buck. I think the storm in Texas did a number on the company, but a lot of the renewals dropped as did NPI pretty much went down at the same time as AQN. I would say a lot of the companies that were flying high also dropped at the same time, so more of a correction for technicals and renewables.

I retired last summer and moved out of oil and pipeline stocks at the same time and moved into cleantech stocks including AQN some pay a dividend while others have grown from when I purchased them but dropped at the same time as AQN such as PYR and HPQ.

Dividend on AQN is decent and with the recent increase made up with the rise in Canadian dollar. But those who get their dividend in Canadian money will get a higher cash amount than last because of the drop in Canadian dollar.

I am happy as long as price stays above what I paid last year, so far so good, and love the dividend. My money won't grow sitting in a savings account better in have in stocks like AQN.
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