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.

TSX:AQN - Post by User

Algonquin Power & Utilities Corp > we to hear from AQN the details

<< Previous

Bullboard Posts

Next >>

Comment by dileas48son Nov 11, 2022 1:49pm

227 Views

Post# 35092039

RE:RE:we to hear from AQN the details

You think the divvy is safe for the three quarters after that? I don't. I'm not convinced it'll be a 50% cut, but I think anywhere from 25 - 33% will be on the table. The current dividend appears unsustainable given the numbers presented in today's results.

I'll look to open a position sub - $12 where a $0.66 annual dividned would still yield 5.5%