On September 15, 2026, Algonquin Power & Utilities Corp’s Cumulative Rate Reset Preferred Shares, Series A (TSX: AQN-PRA.TO) will trade ex-dividend for a quarterly dividend of $0.411, payable on October 1, 2026. At a recent share price of $26.29, this dividend represents a yield of approximately 1.56%. Following the ex-dividend date, shares are expected to open around 1.56% lower, all else being equal, resulting in an annualized yield of about 6.23%.
As of the latest close, AQN.PRA traded at a 5.52% premium to its liquidation preference. Holders of Series A Shares have the option to convert them into Cumulative Floating Rate Preferred Shares, Series B, subject to certain conditions. Algonquin’s common shares (TSX: AQN.TO) were down 1.7% during Friday trading, while AQN-PRA shares saw a slight decrease of approximately 0.3%.
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