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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 oilandgasmickon Dec 04, 2023 6:54pm
351 Views
Post# 35768038

RE:Preferred series A reset rate - 6.469% - DEC 4 news

RE:Preferred series A reset rate - 6.469% - DEC 4 newsThanks very much to the people who commented on this.

Yes, the obvious choice is to not to convert but stick with series A and a very healthy return especially when you consider that interest rates on GICs are probably headed down over the next few years.

AQN has some serious debt issues but it shouldn't be much problem to cover the preferred share dividends. This investment has been a good one for me.
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