Monday, August 12, 2024

Dividend cut #6 of 2024 : Algonquin Power & Utilities

Algonquin Power & Utilities (TSE:AQN) declares $0.065/share quarterly dividend, -40.1% decrease from prior dividend of $0.1085. Forward yield 4.2% and payable Oct. 15 for shareholders of record Sept. 30. ex-div date is Sept. 30.

AQN cut dividend last year and now again. Seems like problems are not over for this company. I have a small position and this cut does not affect much on my 12 month forward dividends. Lets monitor situation.


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