Transaction Unlocks AQN's Value as a Pure-Play Regulated UtilityProceeds Expected to Recapitalize Balance Sheet and Position Company for Future GrowthCompany to Hold Second Quarter Earnings Conference Call at 8:30 am E.T.OAKVILLE, ON, Aug. 9, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ("AQN" or the "Company") announced today that it has entered into a definitive agreement to sell its renewable energy business (excluding hydro) to a wholly-owned subsidiary of LS Power (the "Buyer") ...

Algonquin Power & Utilities (AQN) is expected to deliver flat earnings compared to the year-ago quarter on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be r ...

OAKVILLE, ON, July 12, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its second quarter 2024 financial results on Friday, August 9, 2024, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, August 9, 2024, hosted by Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers. Conference call details are as follows: Date: Friday, August 9, 2024 Time: 8:30 a.m ...

Vitalii Petrushenko/iStock via Getty Images Co-authored by Treading Softly On June 1st, 1980, the world changed forever. While there have been many monumental milestones throughout humankind's history, few could readily be described as universally disapproved of. On this day, CNN began its 24-hour news cycle. An endless supply of news was presented 24 hours a day, seven days a week, and could be piped into your home through a television set. It would take 16 years, in 1996, for Fox to begin its own 24-h ...

magical_light/iStock via Getty Images Dividend investing (SCHD) is a great way to compound wealth over time, and it has served me very well. One of the biggest reasons I like it is that when you invest in a stock with a consistent dividend payout, it gives you a reliable source of cash flow and total returns. This means that these stocks don't have to generate superman-like growth or valuation multiple expansion to deliver satisfactory total returns. Moreover, such stocks are fairly easy to value, enabl ...

James O'NeilCo-authored by Treading Softly There are points in our lives when we hit an inflection point. At that point, we need to take a moment to take stock of all that has happened before and what is going on right now so we can decide what we think is the best next step to achieve our goals. For many companies, inflection points can occur when prior plans have failed, and shareholders or investors are losing confidence in the plan the management team has laid out. This can lead to a drop in share v ...

OAKVILLE, ON, June 13, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced the settlement rate for the share purchase contracts that are components of its outstanding corporate units (the "Corporate Units") issued in June 2021. Holders of Corporate Units will receive 3.3439 common shares of AQN ("Common Shares") for each share purchase contract they hold, which results in an effective issuance price of $14.9526 per Common Share, with cash to ...

OAKVILLE, ON, June 4, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today held an annual meeting of common shareholders.  At the meeting, each of the following nine nominees listed in the Company's management information circular dated April 18, 2024 were elected as directors of AQN pursuant to a vote by ballot:Nominee Votes For % For Votes Against % Against Melissa Stapleton Barnes 330,041,306 97.05 % 10,016,318 2.95 % Brett Carter 337,316,968 99.19 % ...

tumsasedgars The past few years have been very tough for dividend stocks (SCHD), particularly sectors like REITs (VNQ), renewable power companies (BEP), and utilities (XLU), which have been hammered hard as rising interest rates have taken a toll on their capital-intensive and yield-sensitive business models. Additionally, numerous high-yield stocks have been completely decimated as they've had to either deeply cut or eliminate their dividends, including Lumen Technologies (LUMN), Medical Properties Tru ...

AQN Makes Progress Towards Strategic Transformation to Pure-Play Regulated Utility OAKVILLE, ON, May 28, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced it has entered into a support agreement (the "Support Agreement") with a private limited company ("Bidco"), which is controlled by Energy Capital Partners, and Atlantica Sustainable Infrastructure plc (NASDAQ: AY) ("Atlantica"). AQN and its subsidiary Liberty (AY Holdings) B.V., which hol ...