Algonquin Power & Utilities Corp. (NYSE:AQN – Get Free Report) announced a quarterly dividend on Friday, March 6th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.065 per share by the utilities provider on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, March 31st.
Algonquin Power & Utilities has decreased its dividend by an average of 0.1%annually over the last three years. Algonquin Power & Utilities has a payout ratio of 72.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Algonquin Power & Utilities to earn $0.31 per share next year, which means the company should continue to be able to cover its $0.26 annual dividend with an expected future payout ratio of 83.9%.
Algonquin Power & Utilities Stock Down 10.8%
Algonquin Power & Utilities stock opened at $6.14 on Friday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.98 and a current ratio of 1.23. Algonquin Power & Utilities has a one year low of $4.29 and a one year high of $7.11. The company has a 50-day simple moving average of $6.54 and a 200-day simple moving average of $6.08. The firm has a market capitalization of $4.72 billion, a P/E ratio of 26.70 and a beta of 0.75.
Key Algonquin Power & Utilities News
Here are the key news stories impacting Algonquin Power & Utilities this week:
- Positive Sentiment: Q4 beat — Algonquin reported $0.06 EPS (beat consensus) and revenue of $630.7M, with revenue up ~7.8% year‑over‑year; adjusted metrics showed growth and operating efficiencies. This supports near‑term earnings credibility. Q4 Results Press Release/Report
- Positive Sentiment: FY‑2026 guidance topped consensus slightly — management set FY‑2026 EPS at $0.350–$0.370 versus consensus ~$0.34, which frames modest upside for the current year. Guidance Details
- Positive Sentiment: Dividends declared — board approved a common dividend of US$0.0650 (payable April 15) plus preferred share dividends (two preferred issues announced in CAD). This supports income investors and signals cash‑return focus. Dividend Announcement
- Neutral Sentiment: Earnings materials and presentation are available — the company posted the slide deck and earnings presentation (useful for detail on segment performance and assumptions). Earnings Presentation
- Neutral Sentiment: Analyst notes and preview coverage arrived ahead of the print — expectations were modest and some shops adjusted forecasts into the quarter. Useful for tracking changes in sell‑side sentiment. Analyst Recap
- Negative Sentiment: FY‑2027 guidance missed consensus — company set FY‑2027 EPS at $0.380–$0.420 versus street ~$0.44, which likely triggered investor disappointment about longer‑term earnings momentum. FY‑2027 Guidance
- Negative Sentiment: Profitability and leverage signals — the quarter shows a negative net margin and the company carries meaningful leverage (debt/equity), which increases sensitivity to rate and regulatory risks. These fundamentals can weigh on valuation until longer‑term guidance restores confidence. Full Results/Notes
- Negative Sentiment: Market reaction — the stock is trading down on heavy volume after the print, indicating the guidance miss and forward outlook dominated the modest beat. Monitor intraday volume and analyst updates for further downside or stabilization. Market Reaction
Algonquin Power & Utilities Company Profile
Algonquin Power & Utilities Corp (NYSE: AQN) is a diversified generation, transmission and distribution utility company headquartered in Oakville, Ontario. Established in 1988, the firm operates through two primary business segments: Regulated Utilities and Renewable Energy. Its Regulated Utilities segment comprises electric, natural gas and water distribution networks serving residential, commercial and industrial customers across North America, while its Renewable Energy portfolio includes hydroelectric, solar, wind and thermal generation facilities.
The company’s renewable energy assets span multiple jurisdictions in Canada and the United States, reflecting its strategy to expand clean power capacity in regions with supportive regulatory frameworks.
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