OAKVILLE, ON, March 4, 2024 /PRNewswire/ - Further to the news release of Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) dated February 20, 2024, the Company announced today the applicable dividend rates, determined as of March 1, 2024, for its Cumulative Rate Reset Preferred Shares, Series D (the "Series D Preferred Shares") and Cumulative Floating Rate Preferred Shares, Series E (the "Series E Preferred Shares"). With respect to any Series D Preferred Shares that remain ...

Algonquin Power & Utilities (AQN) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on March 8, 2024, might help the stock move higher if these key numbers are ...

Investors have been waiting for renewable energy stocks to live up to their potential. After being beaten down in 2023, many investors are hopeful that 2024 will be a better year. No matter where you stand on the viability of renewable energy sources, they will be part of the mix going forward. And with the world fighting to go green, it’s a good long-term bet that renewable energy stocks will be some of the biggest winners. NextEra Energy (NEE) Source: IgorGolovniov/Shutterstock.comNextEra Energy (NYSE:NEE ...

OAKVILLE, ON, Feb. 20, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) announced today that it does not intend to exercise its right to redeem all or part of the currently outstanding 4,000,000 Cumulative Rate Reset Preferred Shares, Series D (the "Series D Preferred Shares") on April 1, 2024. As a result, subject to certain conditions, the holders of the Series D Preferred Shares have the right to convert all or part of their Series D Preferred Shares, ...

Private equity veteran David Levenson joins Board of Directors OAKVILLE, ON, Feb. 2, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today announced its Board of Directors (the "Board") has appointed David Levenson, formerly Managing Partner at Brookfield Asset Management, to the Board, effective immediately. Following Mr. Levenson's appointment, the Board is comprised of nine directors, eight of whom are independent for the purposes of Canadian securiti ...

LITTLE DINOSAUR/Moment via Getty Images Algonquin Power & Utilities Corp. (NYSE:AQN) has lost roughly 17% of its value over the last year with total returns still poor at 12% following a $0.07 per share dividend reduction. The utility company last paid a quarterly cash dividend of $0.1085 per share, left unchanged sequentially and $0.434 per share annualized for a 7.12% dividend yield. I've owned a small position in the equity units of (NYSE:AQNU) for a while now, recommending them over the commons when I l ...

z1b The recent rise of the 10-year Treasury yield above 4% and the concurrent sell-off in utilities (XLU), banks (KRE), and precious metals (GLD)(SLV)(GDX) stem from a blend of hawkish comments from Federal Reserve officials and robust economic data that indicates that inflation may be proving more sticky than previously expected. As a result, many quality dividend stocks in these sectors are now on sale. We are taking advantage of this by purchasing more of these stocks as prices continue to drop. In this ...

Chip Somodevilla Berkshire Hathaway's (BRK.A, BRK.B) Warren Buffett once opined: There's only three ways that a smart person can go broke…liquor, ladies, and leverage. In this article, we will discuss the third of these three paths to failure that can on occasion ensnare even the highest IQs and then share how Buffett's wisdom applies to dividend investing. Why Leverage Destroys Even The Smartest Investors Leverage can be very seductive to even the most intelligent investors due to its promise of amplified ...

OAKVILLE, ON, Jan. 10, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("APUC") (TSX: AQN) (NYSE: AQN) today announced that on January 9, 2024, Liberty Utilities Co. ("Liberty Utilities"), APUC's U.S. regulated distribution utility holding company, priced an offering of $500 million aggregate principal amount of 5.577% senior notes due January 31, 2029 (the "2029 Notes") and $350 million aggregate principal amount of 5.869% senior notes due January 31, 2034 (the "2034 Notes" and, together with the 202 ...

Unaudited Interim Consolidated Financial Statements of Algonquin Power & Utilities Corp. For the three and nine months ended September 30, 2023 and 2022 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------|-------|------------------|-------|------------------|-------|-------------------|-------|-----------------| | (thousands of U.S. dollars, except per share amounts) | | September \n2023 | | 30 \n2022 | | ...