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 > New 52wk low yesterday

<< Previous

Bullboard Posts

Next >>

Comment by bmbruceon Oct 02, 2023 4:20pm

218 Views

Post# 35665705

RE:RE:RE:RE:New 52wk low yesterday

While the current yield exceeds 7%, however most importantly consider the potential impact of rising interest rates... given the Federal Reserve's unchanging commitment to curbing inflation to a 2% threshold, there is the possibility that AQN could face pressure to implement another dividend reduction in order to manage its debt obligations....so imo, now's not the time to buy AQN on the premise that a 7% dividend makes this attractive in any way, whatsoever..

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?