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  5. AQN: Hello, I just read in the October 2024 issue of CMS magazine, on page 5 under ‘Dividend & Company News,’ that Algonquin Power (AQN) has cut its dividend by 40%. [Algonquin Power & Utilities Corp.]
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Q: Hello, I just read in the October 2024 issue of CMS magazine, on page 5 under ‘Dividend & Company News,’ that Algonquin Power (AQN) has cut its dividend by 40%. Is that the first or the second cut of the last 2 years? Thank you
Asked by Gervais on October 07, 2024
5i Research Answer:

AQN cut its dividend from 18.08 cents to 10.85 cents in January 2023. In August 2024 it cut from 10.85 cents to 6.5 cents. 

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