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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

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 > I Believe Another Dividend Cut is VERY Possible
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Post by DeanEdmonton on Sep 17, 2024 10:47am

I Believe Another Dividend Cut is VERY Possible

No way I am buying into AQN again, even for a quick flip, until there is a whole bunch more clarity on their post sale cash flow as well as their capital spend requirements. I get the strong sense the not all of the bad news has been made public yet. GLTA.

Comment by tylerreddick on Sep 17, 2024 10:55am
Agreed. How can they lose a large chunk of their cash generation and still pay out on the same number of shares.  This company was all about renewable energy, and that is why investors bought their shares.
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