On Tuesday, shares of Algonquin Power & Utilities Corp’s Cumulative Rate Reset Preferred Shares, Series A (TSX: AQN-PRA.TO) yielded over 7.5% based on their quarterly dividend, which is annualized to $1.644. On the trading floor, shares were noted as low as $21.69. As of the last closing, AQN.PRA was priced at a 12.24% discount to its liquidation preference amount. It’s important to highlight that these preferred shares are convertible.
Yearly Performance Comparison
The chart below illustrates the performance of AQN.PRA shares over the past year, compared to AQN common shares:
Dividend History Insights
The dividend history chart below provides an overview of the historical dividend payments for Algonquin Power & Utilities Corp’s Cumulative Rate Reset Preferred Shares, Series A:
Market Performance Summary
During Tuesday trading, Algonquin Power & Utilities Corp’s Cumulative Rate Reset Preferred Shares, Series A (TSX: AQN-PRA.TO) saw a decline of approximately 1.1% for the day, while the company’s common shares (TSX: AQN.TO) rose by approximately 0.8%.
Additional Resources:
- WWIN Videos
- RYT Options Chain
- LNT Earnings History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
