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Bullboard - Stock Discussion Forum 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... see more

TSX:AQN - Post Discussion

Algonquin Power & Utilities Corp > The house burns down, then they suspend the DRIP
View:
Post by BSdetector2016 on Jan 12, 2023 8:11am

The house burns down, then they suspend the DRIP

  • AQN will be suspending its dividend reinvestment plan ("DRIP") for its common shares. Effective for the first quarter 2023 dividend (expected to be payable in April 2023), shareholders participating in the DRIP will begin receiving cash dividends. If the Company elects to reinstate the DRIP in the future, shareholders who were enrolled in the DRIP at its suspension and remain enrolled at reinstatement will automatically resume participation in the DRIP.
Comment by dalesio_98 on Jan 12, 2023 8:38am
Saves on the 3% DRIP share discount
Comment by BSdetector2016 on Jan 12, 2023 8:55am
DRIP stands for Auto-dilute. It should have been cancelled immediately after Bangscota tanked the share price. Same stupid moves as AltaGas...
Algonquin Power & Utilities Corp
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