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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 Karl63on Nov 15, 2022 10:48am
298 Views
Post# 35099815

RE:RE:RE:Attractive

RE:RE:RE:AttractiveI doubt that they will cut the dividend, instead opting to delay planned increases for 2023.  They have adequate cash flow to get them over this tight time, and things will look very different in a couple of months as project timing swings in their favor.  You also have to look at the psychology of management; to cut the dividend would be admitting that they faltered, and they won't want to do that.  Right now the dividend is about 9%, but that window of opportunity won't last long.
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