Algonquin Power & Utilities Corp's Series A preferred shares yield above 7.5%

From Nasdaq: 2024-06-06 14:45:58

Shares of Algonquin Power & Utilities Corp’s Cumulative Rate Reset Preferred Shares, Series A (TSX: AQN-PRA.TO) yielded above 7.5% with a quarterly dividend of $1.644. Trading at a 11.08% discount, the preferred shares are convertible. The common shares (TSX: AQN.TO) were up 0.2% while AQN.PRA was down 2.5% on Thursday.



Read more at Nasdaq: Algonquin Power & Utilities’ Preferred Shares, Series A Yield Pushes Past 7.5%