Algonquin Power & Utilities Corp T.AQN.PR.A

Primary Symbol: T.AQN Alternate Symbol(s): AQN | 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 > Got Paid "TODAY" JULY 14th :>))

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Comment by SargeXon Jul 19, 2023 1:05pm

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Post# 35548272

RE:RE:Got Paid "TODAY" JULY 14th :>))

Hey TB

Very interesting on your exchange rate. RBC DI had a slightly better rate at 1.304951 (so payment per share of $0.141587)

Another interesting thing about the divy conversion is that the RBC DI Cdn ex-div amount was $0.1464 so I actually got ripped off of almost a half-cent per share. Usually no big deal, but with 20,230 shares it amounts to ~$97.

I suspect this is using the exchange on ex-div date vs the exchange rate on div payment day.

Definitely not worth pursuing as I doubt it would go anywhere. Just an interesitng tidbit.

As an aside, AQN is now our only holding that pays a US$ div.

Ciao
Sarge