Algonquin Power & Utilities Corp. (NYSE:AQN – Get Free Report) declared a quarterly dividend on Friday, November 6th. Investors of record on Thursday, December 31st will be given a dividend of $0.0650 per share by the utilities provider on Friday, January 15th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Thursday, December 31st.
Algonquin Power & Utilities has decreased its dividend by an average of 0.3% per year over the last three years. Algonquin Power & Utilities has a payout ratio of 72.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Algonquin Power & Utilities to earn $0.41 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 63.4%.
Algonquin Power & Utilities Price Performance
Algonquin Power & Utilities stock traded down $0.12 during mid-day trading on Friday, hitting $5.51. The stock had a trading volume of 13,183,871 shares, compared to its average volume of 4,448,803. Algonquin Power & Utilities has a one year low of $4.91 and a one year high of $7.11. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $4.25 billion, a P/E ratio of 29.03 and a beta of 0.73. The firm’s 50 day moving average is $5.32 and its 200 day moving average is $5.94.
Algonquin Power & Utilities (NYSE:AQN – Get Free Report) last posted its quarterly earnings results on Friday, November 6th. The utilities provider reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Algonquin Power & Utilities had a return on equity of 5.16% and a net margin of 5.77%. Algonquin Power & Utilities has set its FY 2027 guidance at 0.380-0.420 EPS and its FY 2026 guidance at 0.350-0.370 EPS. On average, sell-side analysts forecast that Algonquin Power & Utilities will post 0.35 earnings per share for the current fiscal year.
Key Headlines Impacting Algonquin Power & Utilities
Here are the key news stories impacting Algonquin Power & Utilities this week:
- Positive Sentiment: Third-quarter adjusted earnings were $0.11 per share, beating the $0.10 analyst consensus and rising from $0.09 a year earlier. Revenue also beat estimates, and the company reported $57.6 million in GAAP net earnings. Algonquin Power & Utilities Q3 Earnings and Revenues Beat Estimates
- Neutral Sentiment: For 2026, AQN guided to adjusted EPS of $0.35–$0.37, a range centered on the $0.36 consensus estimate. It also declared a quarterly common-share dividend of US$0.065 per share, payable January 15, 2027. Third Quarter 2026 Financial Results Fourth Quarter 2026 Dividend Declaration
- Negative Sentiment: 2027 adjusted EPS guidance is $0.38–$0.42, with a $0.40 midpoint slightly below the $0.41 consensus, which could weigh on expectations for earnings growth. Third Quarter 2026 Financial Results
Algonquin Power & Utilities Company Profile
Algonquin Power & Utilities Corp. is a Canadian utility company that owns and operates regulated electric, natural gas and water distribution businesses. Through its Liberty operating brands, the company provides essential utility services to residential, commercial and industrial customers in communities across the United States and Canada.
The company’s regulated utility operations include electricity distribution and generation, natural gas distribution, and water and wastewater services.
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