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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 Oct 18, 2023 3:13pm
190 Views
Post# 35689612

RE:Another dividend cut ?

RE:Another dividend cut ?I got out of this a while ago when in the high 9's; I was hearing rumours of a second dividend cut and that was it for me.  Trading is a complex matter - I try to make rules for myself in an effort to give some direction to chaos.  One rule that I've instituted for myself, from this point on, is to immediately dump any stock that has a dividend cut.  Had I done so with AQN, I would have sold, if I recall, for $14 or so, which seemed low at the time, but sure looks a lot better now considering what's happened.  Certainly there is a fair chance of a recovery, but it was starting to cast a shadow on my trading attitude, so it was the right trade for me.  WIshing longs the best . . .
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