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 > OMG. Now I get it. They are right sizing the stock price.

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Comment by newcoinon Aug 09, 2024 10:43am

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RE:OMG. Now I get it. They are right sizing the stock price.

This is very scary!! It's either going to drop another CDN$2.50 or the dividend will be miniscule.

alex1432 wrote: for a yield of 7% with new new divi the sp needs to go to $5 canadian. Thats what they were trying to say in the conferance call but they could not articulate it so clearly. LOL

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