Algonquin Power & Utilities (Algonquin Power & Utilities) Dividend Yield % : 7.05% (As of Apr. 25, 2024)

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What is Algonquin Power & Utilities Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Algonquin Power & Utilities is 7.05%.

Warning Sign:

Algonquin Power & Utilities Corp stock dividend yield is close to 1-year low.

The historical rank and industry rank for Algonquin Power & Utilities's Dividend Yield % or its related term are showing as below:

AQN' s Dividend Yield % Range Over the Past 10 Years
Min: 3.3 Med: 4.43 Max: 10.46
Current: 7.05

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%.

AQN's Dividend Yield % is ranked better than
77.64% of 246 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.02 vs AQN: 7.05

Algonquin Power & Utilities's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.55.

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.

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.

As of today (2024-04-25), the Forward Dividend Yield % of Algonquin Power & Utilities is 7.05%.

Algonquin Power & Utilities's Dividends per Share for the three months ended in Dec. 2023 was $0.11.

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.

Algonquin Power & Utilities Dividend Yield % Historical Data

The historical data trend for Algonquin Power & Utilities's Dividend Yield % can be seen below:

* 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 Dividend Yield % Chart

Algonquin Power & Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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3.90

3.68

4.62

10.85

6.87

Algonquin Power & Utilities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															10.85	7.75	7.00	8.55	6.87

Competitive Comparison of Algonquin Power & Utilities's Dividend Yield %

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 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
USD 0.109	2024-03-27	2024-03-28	2024-04-15	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.109	2023-12-28	2023-12-29	2024-01-15	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.109	2023-09-27	2023-09-28	2023-10-13	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.109	2023-06-29	2023-06-30	2023-07-14	Cash Dividend	quarterly	USD:USD 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.436	/	6.145
	=	7.10 %

Current Share Price is $6.145.
Algonquin Power & Utilities's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.436.

Algonquin Power & Utilities's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.436	/	6.145
	=	7.10 %

Current Share Price is $6.145.
Algonquin Power & Utilities's Dividends per Share for the forward twelve months is calculated as $0.109 * 4 = $0.436.

Algonquin Power & Utilities (NYSE:AQN) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Algonquin Power & Utilities Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Algonquin Power & Utilities's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Algonquin Power & Utilities (Algonquin Power & Utilities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Algonquin Power & Utilities Corp (NYSE:AQN) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

AQNU:USA AGQPF.PFD:USA 751:Germany AQN.PR.D.PFD:Canada AQN.PR.A.PFD:Canada AQN:Canada

Address

354 Davis Road, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

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.