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.
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