Algonquin Power & Utilities Dividend
Algonquin Power & Utilities Dividend history 15 years & estimates 2024 to 2028
Dividend Analysis of the Algonquin Power & Utilities Stock
| Current dividend yield | 8.26 % |
| Dividendenrendite 5 Jahre | 5.87 % |
| Dividend Yield 10Y | 2.8 % |
| Payout 3Y | 8.23 % |
When does Algonquin Power & Utilities pay a dividend?
Algonquin Power & Utilities pays the next dividend on Oct 15 2024 (payday). The ex-day is on Sep 30 2024. The Algonquin Power & Utilities stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Algonquin Power & Utilities stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, June, September and December . Dividends from Algonquin Power & Utilities are distributed via January, April, July and October.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.065
Forecast
$0.07
Forecast
|
Sep 30 2024
Sep 30 2024
Oct 15 2024
Sep 30 24
Oct 15 24 |
Oct 15 2024 |
quarterly
quarterly
|
| 2024 |
$0.1085
$0.11
|
Jun 28 2024
Jun 28 2024
Jul 15 2024
Jun 28 24
Jul 15 24 |
Jul 15 2024 |
quarterly
quarterly
|
| 2024 |
$0.1085
$0.11
|
Mar 27 2024
Mar 27 2024
Apr 15 2024
Mar 27 24
Apr 15 24 |
Apr 15 2024 |
quarterly
quarterly
|
| 2023 |
$0.1085
$0.11
|
Dec 28 2023
Dec 28 2023
Jan 15 2024
Dec 28 23
Jan 15 24 |
Jan 15 2024 |
quarterly
quarterly
|
| 2023 |
$0.1085
$0.11
|
Sep 27 2023
Sep 27 2023
Oct 13 2023
Sep 27 23
Oct 13 23 |
Oct 13 2023 |
quarterly
quarterly
|
| 2023 |
$0.1085
$0.11
|
Jun 29 2023
Jun 29 2023
Jul 14 2023
Jun 29 23
Jul 14 23 |
Jul 14 2023 |
quarterly
quarterly
|
| 2023 |
$0.1085
$0.11
|
Mar 30 2023
Mar 30 2023
Apr 14 2023
Mar 30 23
Apr 14 23 |
Apr 14 2023 |
quarterly
quarterly
|
| 2022 |
$0.1808
$0.18
|
Dec 29 2022
Dec 29 2022
Jan 13 2023
Dec 29 22
Jan 13 23 |
Jan 13 2023 |
quarterly
quarterly
|
| 2022 |
$0.1808
$0.18
|
Sep 28 2022
Sep 28 2022
Oct 14 2022
Sep 28 22
Oct 14 22 |
Oct 14 2022 |
quarterly
quarterly
|
| 2022 |
$0.1808
$0.18
|
Jun 29 2022
Jun 29 2022
Jul 15 2022
Jun 29 22
Jul 15 22 |
Jul 15 2022 |
quarterly
quarterly
|
How much dividend does Algonquin Power & Utilities pay?
Algonquin Power & Utilities most recently paid a dividend of $0.11. Algonquin Power & Utilities paid a Dividend of $0.43 Per Share in the financial year 2023. With a stock price of $5.21 at Sep 06 2024, the current dividend yield is 8.33% (calculation: $0.43 / $5.21 = 8.33%). No special dividend was paid.
What is the Algonquin Power & Utilities Dividend Yield and payout ratio?
The average Algonquin Power & Utilities dividend yield over the last 5 years is 4.76% and the average over the last 10 years is 4.30%.
The payout ratio of Algonquin Power & Utilities in relation to the last financial year is 1,446.67%. The payout ratio smoothed over 3 years is 1,649.00%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Algonquin Power & Utilities |
|---|---|
| Current dividend yield | 8.33% |
| Dividend Yield 5Y | 4.76% |
| Dividend Yield 10Y | 4.30% |
| Payout 1Y | 1,446.67% |
| Payout 3Y | 1,649.00% |
Is the Algonquin Power & Utilities dividend safe? Continuity & Dividend Growth
Is the Algonquin Power & Utilities dividend safe?
Algonquin Power & Utilities has been paying a dividend for 15 years and has not lowered the dividend for 0 years (dividend continuity). As a result, the dividend was not increased recently.
The Dividend Growth in relation to the previous financial year amounts to -39.13%. The average Algonquin Power & Utilities Dividend Growth over the last 5 years is -2.83%. The average for the last 10 years is 3.12%.
| Metric | Algonquin Power & Utilities |
|---|---|
| Increased | 0 Years |
| Continuity | 0 Years |
| Paid | 15 Years |
| Growth 1Y | -39.13% |
| Growth 5Y | -2.83% |
| Growth 10Y | 3.12% |
Continuity
Algonquin Power & Utilities has been paying a dividend for 15 years and has not lowered the dividend for 0 years (dividend continuity). As a result, the dividend was not increased recently.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to -39.13%. The average Algonquin Power & Utilities Dividend Growth over the last 5 years is -2.83%. The average for the last 10 years is 3.12%.
Algonquin Power & Utilities Stock Forecast 2024
On the stock exchange, the Algonquin Power & Utilities stock (ISIN: CA0158571053) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Algonquin Power & Utilities -17.56% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Algonquin Power & Utilities stock price in real time at the top of the page.
Algonquin Power & Utilities (symbol: AQN) is valued at a Price / Earnings Ratio (P/E ratio) of 34.59 and a price/sales ratio (P/S ratio) of 1.57 valued. Based on analyst estimates, the Algonquin Power & Utilities stock forecast 2024 of the current financial year corresponds to a valuation of 14.68 according to P/E ratio and 1.52 according to P/S.
| Metric | Algonquin Power & Utilities |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
17.56%
|
| P/E TTM | 34.59 |
| P/S TTM | 1.57 |
| P/E forward | 14.68 |
| P/S forward | 1.52 |
Algonquin Power & Utilities (symbol: AQN) is valued at a Price / Earnings Ratio (P/E ratio) of 34.59 and a price/sales ratio (P/S ratio) of 1.57 valued. Based on analyst estimates, the Algonquin Power & Utilities stock forecast 2024 of the current financial year corresponds to a valuation of 14.68 according to P/E ratio and 1.52 according to P/S.
Discover more Dividend Stocks
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
