Algonquin Power & Utilities Corp.

NYSE:AQN Stock Report

Market Cap: US$3.4b

Algonquin Power & Utilities Dividends and Buybacks

Dividend criteria checks 3/6

Algonquin Power & Utilities is a dividend paying company with a current yield of 5.81% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.

Key information

5.8%

Dividend yield

-34.1%

Buyback Yield

Total Shareholder Yield-28.3%
Future Dividend Yield5.8%
Dividend Growth3.2%
Next dividend pay date15 Jan 25
Ex dividend date31 Dec 24
Dividend per shareUS$0.260
Payout ratio73%

Recent dividend and buyback updates

Recent updates

Algonquin Power: Has Growth Potential, But Patience Will Be Needed

Oct 27

Algonquin Power: On The Right Track, But EPS Pressure Ahead

Sep 13

Get Paid 7.5% From This Forgotten Utility: Algonquin Power

Jun 19

Algonquin: Searching For Value After The Collapse, 7.1% Dividend Yield

Jan 26

Algonquin Power's Valuation Gap: Uncovering The Investment Potential

Nov 26

Algonquin: Billionaire Says Observe Carefully When The Tide Goes Out

Oct 03

Algonquin: Battered By High-Interest Rates, A Strategy Shift Might Be The Answer

Aug 22

Algonquin: More Challenges Than Upside

Aug 14

Algonquin: Why We Think It's A "Hold" At Best

Jul 06

Algonquin: Brace For Chaos But Don't Run

Jan 13

Algonquin Power & Utilities Q3 2022 Earnings Preview

Nov 10

5 Reasons Algonquin Power Stock Is Down 25%

Oct 04

Algonquin Power & Utilities appoints new finance chief

Aug 31

Algonquin Power: An Underperforming And Expensive Utility

Aug 22

Algonquin Power & Utilities Non-GAAP EPS of $0.16 beats by $0.01, revenue of $624.3M beats by $10.02M

Aug 12

Upcoming Dividend Payment

TodayDec 24 2024Ex Dividend DateDec 31 2024Dividend Pay DateJan 15 202515 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: AQN's dividend payments have been volatile in the past 10 years.

Growing Dividend: AQN's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Algonquin Power & Utilities Dividend Yield vs Market
How does AQN dividend yield compare to the market?
SegmentDividend Yield
Company (AQN)5.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Integrated Utilities)3.5%
Analyst forecast (AQN) (up to 3 years)5.8%

Notable Dividend: AQN's dividend (5.81%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: AQN's dividend (5.81%) is in the top 25% of dividend payers in the US market (4.5%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (73.5%), AQN's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: AQN is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 16:30
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Algonquin Power & Utilities Corp. is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Michael McGowanBMO Capital Markets Equity Research
Dariusz LoznyBofA Global Research