
Algonquin Power & Utilities Cor
AQNBStock · quarterly payer
Forward Yield
5.90%
Annual Dividend
$1.51
Payout Ratio
—
5-Yr Growth
6.8%
Ex-Date
—
Frequency
Quarterly
Key facts about AQNB's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Algonquin Power & Utilities Cor (AQNB) has a forward dividend yield of 5.90%, based on an annual dividend of $1.51 per share and a share price of $25.53.
- As of Oct 18, 2026, AQNB's dividend safety grade from SmarterDividends is C (51 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Algonquin Power & Utilities Cor (AQNB) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
- AQNB has never cut its regular dividend in the payment history SmarterDividends has on record.
- AQNB's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.51 per share.
- AQNB's dividend has grown at an average rate of 6.8% a year over the past five years.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for AQNB is $28.99 per share, 14% above the $25.53 share price, so AQNB screens as fairly valued.
- Algonquin Power & Utilities Cor (AQNB) pays its dividend quarterly, 4 times a year.
- Algonquin Power & Utilities Cor (AQNB) has raised its regular dividend 4 times and cut it 2 times across the 29 payments on record since 2019. Its most recent change was a 3.9% increase to $0.509 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Mar 13, 2026.
Cite this page
SmarterDividends, "AQNB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/AQNB
Summary
As of Oct 18, 2026, Algonquin Power & Utilities Cor (AQNB) yields 5.90% ($1.51 a year per share), has a dividend safety grade of C (51/100) and has 2 consecutive years of dividend increases on record.
Is AQNB a good dividend stock?
MixedAlgonquin Power & Utilities Cor (AQNB) pays a quarterly dividend yielding 5.90% ($1.51/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
- Strong 6.8% 5-yr dividend growth
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.90%
- Payout Ratio
- —
- Annual Dividend
- $1.51
- 5-Yr Avg Growth
- 6.8%
- Ex-Dividend Date
- —
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -8%
- 52-Week Range
- $25.35 – $26.97
- Dividend Safety
- C · 51/100
- Ever Cut?
- No
AQNB dividend raises and cuts
Algonquin Power & Utilities Cor (AQNB) has raised its regular dividend 4 times and cut it 2 times across the 29 payments on record since 2019. Its most recent change was a 3.9% increase to $0.509 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Mar 13, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 15, 2026 | Raise | $0.490 → $0.509 | +3.9% |
| Mar 13, 2026 | Cut | $0.541 → $0.490 | −9.4% |
| Sep 15, 2025 | Cut | $0.548 → $0.541 | −1.3% |
| Jun 13, 2025 | Raise | $0.530 → $0.548 | +3.4% |
| Mar 14, 2025 | Raise | $0.388 → $0.530 | +36.6% |
| Sep 12, 2019 | Raise | $0.164 → $0.388 | +136.6% |
Frequently Asked Questions
Is AQNB a good dividend stock?
Mixed. Algonquin Power & Utilities Cor (AQNB) pays a quarterly dividend yielding 5.90% ($1.51/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is AQNB undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AQNB's fair value is about $28.99 versus a $25.53 share price — so it looks fairly valued (+14% vs. fair value).
Is AQNB's dividend safe?
AQNB has a dividend-safety grade of C (51/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is AQNB's fair value?
Our blended fair-value estimate for AQNB is about $28.99 per share, roughly 14% above the current $25.53 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is AQNB a buy, hold, or sell?
We don't issue formal ratings, but on the data AQNB screens as "mixed" and fairly valued. Algonquin Power & Utilities Cor (AQNB) pays a quarterly dividend yielding 5.90% ($1.51/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will AQNB cut its dividend?
AQNB earns a dividend-safety grade of C (51/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does AQNB pay a dividend?
Yes. Algonquin Power & Utilities Cor pays a quarterly dividend of about $1.51 per share annually, a forward yield of roughly 5.90%.
What is AQNB's dividend yield?
As of Oct 18, 2026, AQNB's forward dividend yield is 5.90%, based on a $1.51 annual dividend and a $25.53 share price.
What is AQNB's dividend per share?
As of Oct 18, 2026, AQNB pays $1.51 per share per year, distributed on a quarterly basis.
How many years has AQNB grown its dividend?
As of Oct 18, 2026, AQNB has increased its dividend for 2 consecutive years.
When is the next AQNB ex-dividend date?
As of Oct 18, 2026, AQNB's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.51 per share.
AQNB Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+2%
5 Years
-8%
52-Week Range
$25.35 – $26.97
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AQNB worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Algonquin Power & Utilities Cor is $28.99 per share, versus a market price of $25.53. That implies the stock is roughly fairly priced.
Fair Value
$28.99
Current Price
$25.53
Gap
+14%
Margin of Safety
12%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 6.9% growth for five years fading to 2.5% over the next five, $1.51 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AQNB Dividend Safety Score
Borderline
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
Dividend History
Full AQNB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Oct 1, 2026 | $0.5060 | regular |
| Jun 15, 2026 | Jul 1, 2026 | $0.5090 | regular |
| Mar 13, 2026 | Apr 1, 2026 | $0.4900 | regular |
| Sep 15, 2025 | Oct 1, 2025 | $0.5410 | regular |
| Jun 13, 2025 | Jul 1, 2025 | $0.5480 | regular |
| Mar 14, 2025 | Apr 1, 2025 | $0.5300 | regular |
| Dec 13, 2024 | Jan 2, 2025 | $0.5660 | regular |
| Sep 13, 2024 | Oct 1, 2024 | $0.6140 | regular |
| Jun 14, 2024 | Jul 1, 2024 | $0.3880 | regular |
| Mar 14, 2024 | Apr 1, 2024 | $0.3880 | regular |
| Dec 14, 2023 | Jan 2, 2024 | $0.3880 | regular |
| Sep 14, 2023 | Sep 29, 2023 | $0.3880 | regular |
| Jun 14, 2023 | Jul 1, 2023 | $0.3880 | regular |
| Mar 14, 2023 | Apr 1, 2023 | $0.3880 | regular |
Income Calculator
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