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Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission. The Renewable Energy Group segment focuses on operating a diversified portfolio of renewable and thermal electric generation assets. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.

Algonquin Power & Utilities Dividend Announcement

Algonquin Power & Utilities announced a quarterly dividend of $0.57 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-13
Algonquin Power & Utilities annual dividend for 2024 was $1.95
Algonquin Power & Utilities annual dividend for 2023 was $1.55
Algonquin Power & Utilities's trailing twelve-month (TTM) dividend yield is 9.31%
Algonquin Power & Utilities's payout ratio for the trailing twelve months (TTM) is -94.44%

Algonquin Power & Utilities Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-13$0.57quarterly2025-01-02
2024-09-13$0.61quarterly2024-10-01
2024-06-14$0.39quarterly2024-07-01
2024-03-14$0.39quarterly2024-04-01
2023-12-14$0.39quarterly2024-01-02
2023-09-14$0.39quarterly2023-09-29
2023-06-14$0.39quarterly2023-07-01
2023-03-14$0.39quarterly2023-04-01
2022-12-14$0.39quarterly2023-01-01
2022-09-14$0.39quarterly2022-10-01
2022-06-14$0.39quarterly2022-07-01
2022-03-14$0.39quarterly2022-04-01
2021-12-14$0.39quarterly2022-01-01
2021-09-14$0.39quarterly2021-10-01
2021-06-14$0.39quarterly2021-07-01
2021-03-12$0.39quarterly2021-04-01
2020-12-14$0.39quarterly2021-01-01
2020-09-14$0.39quarterly2020-10-01
2020-06-12$0.39quarterly2020-07-01
2020-03-12$0.39quarterly2020-04-01
2019-12-12$0.39quarterly2020-01-01
2019-09-12$0.39quarterly2019-10-01
2019-06-13$0.16quarterly2019-07-01

Algonquin Power & Utilities Dividend per year

Algonquin Power & Utilities Dividend growth

Algonquin Power & Utilities Dividend Yield

Algonquin Power & Utilities current trailing twelve-month (TTM) dividend yield is 9.31%. Interested in purchasing Algonquin Power & Utilities stock? Use our calculator to estimate your expected dividend yield:

Algonquin Power & Utilities Financial Ratios

P/E ratio-53.83
PEG ratio-1.15
P/B ratio3.64
ROE-6.59%
Payout ratio-94.44%
Current ratio0.98
Quick ratio0.79
Cash Ratio0.07

Algonquin Power & Utilities Dividend FAQ

How much is the next Algonquin Power & Utilities dividend?
Algonquin Power & Utilities's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Algonquin Power & Utilities dividend. The next Algonquin Power & Utilities dividend will be released in March, June, September, or December.
When is Algonquin Power & Utilities dividend paid?
Algonquin Power & Utilities pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Algonquin Power & Utilities pay?
The specific amount of Algonquin Power & Utilities dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Algonquin Power & Utilities's dividend history.
Does Algonquin Power & Utilities stock pay dividends?
Yes, Algonquin Power & Utilities does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Algonquin Power & Utilities's dividend history.
How much dividend does Algonquin Power & Utilities pay?
Algonquin Power & Utilities paid $1.955 in 2024, $1.55 in 2023, $1.552 in 2022, $1.552 in 2021, and $1.552 in 2020.
How often does Algonquin Power & Utilities pay dividends?
Algonquin Power & Utilities typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Algonquin Power & Utilities's dividend yield?
The current dividend yield for Algonquin Power & Utilities is 9.31%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Algonquin Power & Utilities's exact dividend yield.
When does Algonquin Power & Utilities go ex dividend?
Algonquin Power & Utilities's ex-dividend date for the latest dividend was on 2024-12-13. Algonquin Power & Utilities typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Algonquin Power & Utilities dividend paid?
Algonquin Power & Utilities pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Algonquin Power & Utilities increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Algonquin Power & Utilities will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Algonquin Power & Utilities dividend per share?
Algonquin Power & Utilities paid $1.955 per share in 2024 and $1.55 per share in 2023. The amount of dividend per share that Algonquin Power & Utilities pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Algonquin Power & Utilities a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Algonquin Power & Utilities a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Algonquin Power & Utilities a dividend stock?
Yes, Algonquin Power & Utilities is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Algonquin Power & Utilities a good dividend stock?
Whether Algonquin Power & Utilities is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Algonquin Power & Utilities has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Algonquin Power & Utilities as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Algonquin Power & Utilities pay dividends monthly?
Algonquin Power & Utilities typically pays dividends on a quarterly basis.
Does Algonquin Power & Utilities pay dividends quarterly?
Algonquin Power & Utilities currently pays dividends on a quarterly basis.
Has Algonquin Power & Utilities ever paid a dividend?
Yes, Algonquin Power & Utilities has a history of paying dividends to its shareholders. Algonquin Power & Utilities is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Algonquin Power & Utilities dividend stocks?
To buy Algonquin Power & Utilities you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Algonquin Power & Utilities stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Algonquin Power & Utilities pay dividends 2024?
Algonquin Power & Utilities pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Algonquin Power & Utilities increase its dividend in 2024?
Decisions regarding Algonquin Power & Utilities dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Algonquin Power & Utilities dividend overview you can look into the above table of dividend history.
How Algonquin Power & Utilities dividend works?
The Algonquin Power & Utilities dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Algonquin Power & Utilities's dividend process works:

1. Determination of Dividend: Algonquin Power & Utilities's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Algonquin Power & Utilities publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Algonquin Power & Utilities distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Algonquin Power & Utilities are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Algonquin Power & Utilities dividends paid?
Algonquin Power & Utilities dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Algonquin Power & Utilities sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Algonquin Power & Utilities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Algonquin Power & Utilities declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Algonquin Power & Utilities pay dividends?
Algonquin Power & Utilities typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Algonquin Power & Utilities pay dividends?
The general pattern is that Algonquin Power & Utilities pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Algonquin Power & Utilities dividend safe?
The safety of Algonquin Power & Utilities's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Algonquin Power & Utilities's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Algonquin Power & Utilities's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.