Tuesday, January 17, 2017

Dividend Increase – Algonquin Power & Utilities Corp (AQN)


Yesterday the board of directors of  Algonquin Power & Utilities Corp. announced a dividend increase of from $ 0.1059 to $ 0.1165 per share that’s payable April 14, 2017 to holders of record March 31, 2017. This represents a 10.01% increase to regular quarterly dividends.

With current price $ 8.52 (yesterday's close), this raise brings their dividend yield to 5.47%. 

Since I own 400 shares this will increase my yearly net dividends by $ 12.64.

That increase rises my YOC to 5.19% 

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Thanks for stopping by!

Posted by
Labels:

2 comments:

  1. Roadmap2RetireJanuary 17, 2017 at 3:18 PM

    Congrats on the raise, fellow shareholder :)

    cheers
    R2R

    ReplyDelete
  2. Dining on DividendsJanuary 18, 2017 at 7:58 AM

    Thanks for letting me know. Had not seen that announcement, and since it is one I hold it is good news indeed!

    ReplyDelete

Subscribe to: Post Comments (Atom)