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% 

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You can follow the development of my dividends here.

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