Algonquin Power & Utilities

Algonquin Power & Utilities Corp. operates as a diversified utility company. The firm engages in the ownership and operation of a portfolio of regulated and non-regulated generation, distribution and transmission utility assets. It operates through the following segments: Regulated Services Group, and Renewable Energy Group. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution and wastewater collection utility systems and transmission operations in the United States and Canada. The Renewable Energy Group segment owns and operates a diversified portfolio of renewable and thermal electric generation assets in North America and internationally. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.

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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 and Utilities Units

The company's stock fell hard, but investors should think twice before buying this discounted high-yield stock.

Stock Market Sell-Off: Is Algonquin Power & Utilities a Buy?

Algonquin Power & Utilities owns and operates various regulated and non-regulated power assets, including utilities for generation, distribution, and transmission. The company plans to improve its business by reducing costs, maintaining its credit rating, minimizing the need for new equity financing, and focusing on organic growth.

Algonquin Power & Utilities Faces Challenging Future That May Limit Returns

Algonquin's stock is currently under pressure and offers a favorable stock valuation compared to its historical valuation and compared to others in the industry. Algonquin's financial strength has weakened and therefore the company will sell assets, reduce its dividend and cancel its dividend reinvestment plan.

Algonquin: Too Early To Get In

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Sometimes, you don't have to go for a new stock to add to your portfolio, as you may have the answer right in front of you. I made two mistakes back-to-back with Algonquin and Sylogist. I decided to go back and revisit my investment rules to see what I might have been missing.

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OAKVILLE, ON , Jan. 30, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN") (TSX: AQN) (NYSE: AQN) today announced plans to release its fourth quarter and full year 2022 financial results on Friday, March 17, 2023, before market open. AQN will hold an earnings conference call at 8:30 a.m.

Algonquin Power & Utilities Corp. Announces Date for Fourth Quarter and Full Year 2022 Financial Results and Conference Call

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Dividend Champion, Contender, And Challenger Highlights: Week Of January 15

Algonquin Power & Utilities Corp. cut its dividend significantly at its Investor Update yesterday. Did you not expect it? The market had already baked in the potential for a dividend cut. Hence, a 40% implying an NTM dividend yield of 6.5% isn't all that bad.

Algonquin: Brace For Chaos But Don't Run

Though the broader equities sector enjoyed a modest boost lift on Thursday morning, public utility firm Algonquin Power (NYSE: AQN ) — which emphasizes its renewable energy portfolio — dropped conspicuously. Management communicated a pair of bad news, first a significant slash to its quarterly dividend and second an earnings downgrade.

Algonquin Power (AQN) Stock Falls 6% on Dividend Slash

Algonquin Power & Utilities Corp. showed what happens when you prioritize empire building. The cut was expected and we documented the likely timeline in our last article.

Algonquin: 40% Dividend Cut And Lowered Guidance, A Good Start

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Shares of Algonquin Power & Utilities Corp. rose 0.5% in premarket trading Thursday, after the utility company said it was taking “decisive actions” to strengthen its financial and strategic position, including cutting its dividend by 40% and selling assets. The company said the first-quarter dividend will be lower to 10.85 cents a share from 18.08 cents.

Algonquin Power to cut dividend by 40%, provides downbeat profit outlook

AQN is taking decisive actions to support long-term energy transition strategy OAKVILLE, ON , Jan. 12, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) is hosting an investor update today, where President and Chief Executive Officer, Arun Banskota, and Chief Financial Officer, Darren Myers, will provide an update on the actions the Company is taking to support its long-term energy transition strategy. "Over the Company's history, we have built a solid foundation supported by the scale of our asset portfolio," said Mr.

Algonquin Power & Utilities Corp. Provides Business Update in Connection with Investor Call

Will Algonquin stock recover in 2023? Its upcoming investor and analyst day event should give you the answers.

Why Algonquin Power & Utilities Stock Crashed 51.7% in 2022

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News for Algonquin Power & Utilities Stock (AQN)