Algonquin Power & Utilities Corp T.AQN.PR.A

Dividend to ZERO, until house in order

[malx1]

No room for dividends when burdened with high-cost Debt.

Shut her down, fix her up, then sell.

[DeanEdmonton]

Their cashflow did not disappear. It would be truly stupid the eliminate the dividend on a regualted utility stock. They need to fix their other issues, not further abuse shareholders.

[malx1]

Typical bagholder response. Like I said, suspend dividend until Debt/Equity is 30-40%. Capital allocation mismanaged.  Fire CFO and execs. I already called the CEO firing. Enjoy your handcuffs.

[DeanEdmonton]

Malx1- not a bag holder when you aren't holding any shares. Per my previous posts, I sold this Turd when they first announced the Kentucky Belch deal. Only reason I still follow it is to watch for an entry point. Not anywhere near tthat yet. That said, for those that are still holding this, a buyout would be their best option to get out. Selling just the renewables in this market would be a

[malx1]

Dean, understood. As an unbiased outsider, I saw cancer in AQN. Let's re-word this: "Suspend" Dividend until Debt/Equity reaches 40%. Then re-introduce Dividend at a 50% payout ratio. No increases until payout is 45% or less. Sheesh, how many execs does it take to figure out basic asset allocation?  A high school degree sometimes smarter than an MBA. Create a a hybrid