If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Algonquin Power & Utilities Corp is 0.94, which seems too high.
Warning Sign:
Algonquin Power & Utilities Corp stock dividend yield is close to 1-year low.
During the past 12 months, Algonquin Power & Utilities's average Dividends Per Share Growth Rate was -39.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -8.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 0.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Algonquin Power & Utilities was 20.30% per year. The lowest was -33.80% per year. And the median was 9.55% per year.
For more information regarding to dividend, please check our Dividend Page.
Algonquin Power & Utilities Dividends per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Algonquin Power & Utilities Dividends per Share Chart
Competitive Comparison of Algonquin Power & Utilities's Dividends per Share
For the Utilities - Renewable subindustry, Algonquin Power & Utilities's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Algonquin Power & Utilities's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Algonquin Power & Utilities's Dividend Yield % falls into.
Algonquin Power & Utilities Dividends per Share Calculation
Dividends paid to per common share.
Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Algonquin Power & Utilities's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Algonquin Power & Utilities was 1.35. The lowest was 0.84. And the median was 1.23.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Algonquin Power & Utilities Corp is 0.94, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Algonquin Power & Utilities Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.411
2024-03-14
2024-03-15
2024-04-01
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.323
2023-12-14
2023-12-15
2024-01-02
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.323
2023-09-14
2023-09-15
2023-10-02
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.323
2023-06-14
2023-06-15
2023-06-30
Cash Dividend
quarterly
CAD:CAD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Algonquin Power & Utilities's Dividend Yield (%) for Today is calculated as
Current Share Price is C$21.99.
Algonquin Power & Utilities's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.38.
During the past 13 years, the highest Dividend Yield of Algonquin Power & Utilities was 10.46%. The lowest was 3.30%. And the median was 4.43%.
Warning Sign:
Algonquin Power & Utilities Corp stock dividend yield is close to 1-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Algonquin Power & Utilities Dividends per Share Related Terms
Thank you for viewing the detailed overview of Algonquin Power & Utilities's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Business Description
Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.
Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSX:AQN.PR.A.PFD has been successfully added to your 