SmarterDividends
AQNB

Algonquin Power & Utilities Cor

AQNB

Stock · quarterly payer

$25.53

Fairly valued · +14% Add to Portfolio

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?

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.

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-dateChangeOld → newMove
Jun 15, 2026Raise$0.490 → $0.509+3.9%
Mar 13, 2026Cut$0.541 → $0.490−9.4%
Sep 15, 2025Cut$0.548 → $0.541−1.3%
Jun 13, 2025Raise$0.530 → $0.548+3.4%
Mar 14, 2025Raise$0.388 → $0.530+36.6%
Sep 12, 2019Raise$0.164 → $0.388+136.6%
AQNB ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →AQNB dividend historyEvery payment, totals by year, raises and cutsView →

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.