Algonquin Power & Utilities Corp. Announces Dividend Declarations and Financial Results

Algonquin Power & Utilities Corp. (TSX: AQN, NYSE: AQN), a Canadian company specializing in renewable power generation and sustainable infrastructure, has recently made several key announcements regarding its financial performance and shareholder dividends.

On May 9, 2025, the company declared a second quarter common share dividend of U.S.$0.0650 (C$0.0897) and announced preferred share dividends. These dividends are payable on July 15, 2025, to shareholders of record as of June 30, 2025. This declaration underscores the company’s commitment to returning value to its shareholders.

In addition to the common share dividend, Algonquin Power & Utilities Corp. also declared dividends for its preferred shares. Specifically, the RT RESET PFD-D series declared a dividend of CAD 0.4283, while the PFD SER A series declared a dividend of CAD 0.411. These declarations reflect the company’s robust financial health and its ability to generate consistent cash flow from its diverse portfolio of renewable energy and infrastructure assets.

Furthermore, Algonquin Power & Utilities Corp. announced its first quarter financial results for 2025, which were positive. The company reported a non-GAAP earnings per share (EPS) of $0.14, surpassing expectations by $0.04. This performance highlights the company’s operational efficiency and its ability to navigate the dynamic energy market effectively.

The company plans to host an investor update call on June 3, 2025, to provide further insights into its financial performance and strategic direction. This call will offer shareholders and investors an opportunity to engage with the company’s leadership and gain a deeper understanding of its future prospects.

As of May 6, 2025, Algonquin Power & Utilities Corp.’s close price was CAD 7.55, with a market capitalization of CAD 5.61 billion. The company’s price-to-earnings ratio stood at 76.03, reflecting investor confidence in its growth potential. Over the past year, the stock has traded between a high of CAD 9.19 and a low of CAD 6.03.

Overall, Algonquin Power & Utilities Corp.’s recent announcements and financial performance indicate a strong position within the utilities sector, driven by its focus on renewable energy and sustainable infrastructure. The company’s commitment to shareholder returns and operational excellence positions it well for continued success in the evolving energy landscape.