Algonquin Power & Utilities: Value Play With A 5.8% Yield
Source: SeekingAlpha
2025-01-22 16:49:33 ET
Summary
- We were lucky to exit pre-market on the dividend cut announcement.
- The stock has gone far lower than what we would expect and is now turning into a value play.
- We tell you how we are playing it and also look at the preferred shares yielding 7%.
Our previous coverage of Algonquin Power and Utilities Corp. ( AQN:CA ) was around the time of its second (yes, second) dividend cut. We were fortunate to catch the early action, where the stock ironically was trading strong on the back of good results. ...
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Algonquin Power & Utilities: Value Play With A 5.8% Yield
Algonquin Power & Utilities Corp. 6.20% Fixed-to-Floating Subordinated Notes Series 2019-A due July 1 2079
NASDAQ: AQNB
AQNB Trading
-0.08% G/L:
$25.96 Last:
14,908 Volume:
$25.94 Open:
AQNB Latest News
AQNB Stock Data
$4,987,854,979
767,746,646
N/A
252
N/A
Regulated Utilities
Utilities
CA
Oakville
