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.

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Algonquin Power & Utilities Corp > If they dont cut the divy

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Comment by svsingh83on Nov 24, 2022 1:05pm

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Post# 35125570

RE:RE:RE:If they dont cut the divy

I totally agree with Long683. "Sustainable dividend" means a cut. However, they may keep the cut moderate buy dispoaing off assets alongside.
Presently, It is difficult to get a good price for these asserts, so it is a Catch22 situation.
I am sure they should be able to work out something by Q1.
AQN is not going anywhere and should be OK after couple of years. Meanwhile SP will languish around $10.

AlwaysLong.

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