Algonquin Power & Utilities Corp.
AQNUtilities · Stock · quarterly payer
$5.94
Add to PortfolioForward Yield
4.38%
Annual Dividend
$0.26
Payout Ratio
100%
5-Yr Growth
-16.0%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
AQN Dividend Safety Score
46/ 100
Grade D
Risky
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage100% of earnings paid out
Balance-sheet strengthDebt/equity of 1.33
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is AQN a good dividend stock?
MixedAlgonquin Power & Utilities Corp. (AQN) pays a quarterly dividend yielding 4.38% ($0.26/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2024
- Elevated payout ratio (100%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 4.38%
- Payout Ratio
- 100%
- Annual Dividend
- $0.26
- 5-Yr Avg Growth
- -16.0%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $4.6B
- P/E Ratio
- 22.8
- 5-Yr Total Return
- -60%
- 52-Week Range
- $5.32 – $7.11
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 31, 2026 | — | $0.0650 | regular |
| Jun 30, 2025 | — | $0.0650 | regular |
| Mar 31, 2025 | — | $0.0650 | regular |
| Dec 31, 2024 | — | $0.0650 | regular |
| Sep 27, 2024 | — | $0.0650 | regular |
| Jun 28, 2024 | — | $0.1090 | regular |
| Mar 27, 2024 | — | $0.1090 | regular |
| Dec 28, 2023 | — | $0.1090 | regular |
| Sep 27, 2023 | — | $0.1090 | regular |
| Jun 29, 2023 | — | $0.1090 | regular |
| Mar 30, 2023 | — | $0.1090 | regular |
| Dec 29, 2022 | — | $0.1810 | regular |
| Sep 28, 2022 | — | $0.1810 | regular |
| Jun 29, 2022 | — | $0.1810 | regular |
Income Calculator
At $0.26 / yr per share
Per payment (quarterly)$6.50
Annual$26.00
Monthly avg$2.17
