TSX:AQN.PR.D.PFD's Forward Dividend Yield % is ranked better than 74.58% of 236
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.455
vs TSX:AQN.PR.D.PFD: 5.80
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Algonquin Power & Utilities's Forward Dividend Yield %
For the Utilities - Renewable subindustry, Algonquin Power & Utilities's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Forward Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Algonquin Power & Utilities's Forward Dividend Yield % falls into.
Algonquin Power & Utilities Forward Dividend Yield % Calculation
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 0.318
2024-03-14
2024-03-15
2024-04-01
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.318
2023-12-14
2023-12-15
2024-01-02
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.318
2023-09-14
2023-09-15
2023-10-02
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.318
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.
* 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 (TSX:AQN.PR.D.PFD) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Algonquin Power & Utilities Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Algonquin Power & Utilities's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Algonquin Power & Utilities (TSX:AQN.PR.D.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.D.PFD) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSX:AQN.PR.D.PFD has been successfully added to your