Saturday, May 12, 2018

Dividend Increase – Algonquin Power & Utilities Corp (AQN)

Thursday, May 10 the board of directors of  Algonquin Power & Utilities Corp. announced a dividend increase of from $ 0.1165 to $ 0.1282 per share that’s payable July 13, 2018 to holders of record June 29, 2018. This represents a 10.04% increase to regular quarterly dividends.

With current price $ 10.18 (Friday's open), this raise brings their dividend yield to 5.04%. 

Since I own 500 shares this will increase my yearly net dividends by $ 17.43.

That increase rises my YOC to 5.46

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long AQN 

Thanks for stopping by!

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